ASEAN KEY DESTINATIONS
09 September 2016
The Straits Times Index (STI) ended 23.03 points or 0.8% lower to 2871.45, taking the year-to-date performance to -0.39%.
The top active stocks today were Singtel, which declined 1.48%, DBS, which declined 0.71%, UOB, which declined 0.27%, CapitaLand, which declined 0.63% and OCBC Bank, with a 0.68% fall.
The FTSE ST Mid Cap Index declined 0.46%, while the FTSE ST Small Cap Index declined 0.13%.
The outperforming sectors today were represented by the FTSE ST Health Care Index, which rose 0.07%. The two biggest stocks of the Index - Raffles Medical Group and Riverstone Holdings- both ended unchanged.
The underperforming sector was the FTSE ST Technology Index, which slipped 2.44%. Silverlake Axis shares declined 1.43% and CSE Global declined 1.15%.
The three most active Exchange Traded Funds (ETFs) by value today were:
IS MSCI India (-0.80%)
DBXT MSCI Thailand TRN ETF (-2.22%)
STI ETF (-0.68%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (-0.80%)
CapitaLand Mall Trust (-0.47%)
Suntec REIT (-2.54%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW170201 (-5.84%)
UOB MB eCW170201 (-1.84%)
UOB VT eCW170213 (+0.56%)
Singapore Stock Market
*ST Index 2,873.33 -21.15 2,894.48 +0.83
Volume: 1,422.2M 1,535.6M
Value: $815.6M $1,010.6M
Gainers/Losers: 152/208 216/172
Daily Market Commentary (Securities)
09 September 2016
The FBM KLCI index lost 4.94 points or 0.29% on Friday. The Finance Index fell 0.36% to 14511.25 points, the Properties Index dropped 0.30% to 1205.32 points and the Plantation Index rose 0.06% to 7888.52 points. The market traded within a range of 8.49 points between an intra-day high of 1691.12 and a low of 1682.63 during the session.
Actively traded stocks include DNEX-WD, XDL, DNEX, CONNECT-PA, DNONCE, THHEAVY, VIVOCOM, YKGI-WB, CENTURY and VIVOCOM-WB. Trading volume decreased to 1342.71 mil shares worth RM1364.03 mil as compared to Thursday’s 1693.32 mil shares worth RM1577.44 mil.
Leading Movers were SKPETRO (+1 sen to RM1.62), YTL (+1 sen to RM1.73), AXIATA (+3 sen to RM5.65), IOICORP (+2 sen to RM4.50) and HLFG (+6 sen to RM15.70). Lagging Movers were GENTING (-19 sen to RM7.94), RHBBANK (-7 sen to RM4.98), ASTRO (-3 sen to RM2.90), TENAGA (-12 sen to RM14.44) and BAT (-34 sen to RM50.58). Market breadth was negative with 324 gainers as compared to 401 losers.
The KLCI ended the week with a negative note, closed lower at 1686.44 points amid overnight losses in Wall Street. Investors were taking profit amid absence of fresh positive leads.
Date As of: 09 September 2016
Description Volume Value Frequency
ETF 28,900 15,104,700 21
Stock 6,252,056,809 7,699,967,014,641 233,147
Warrant 11,295,366 634,648,700 148
Total 6,263,381,075 7,700,616,768,041 233,316
As of 9 September 2016 Unit: M.Baht
Type Buy Sell Net
Institution 6,427.43 6,008.26 419.17
Proprietary 7,302.44 7,557.09 -254.64
Foreign 21,216.37 20,791.83 424.54
Individual 29,503.01 30,092.08 -589.07
Total Trading Value 64,449.25 M.Baht
SE Asia Stocks-Fall after N. Korea nuclear tests, ECB
Southeast Asian stock markets fell on Friday in line with broader Asian peers after North Korea conducted its fifth and largest nuclear test, while uncertainty over the prospect of further easing from the European Central Bank weighed on sentiment.
The ECB held interest rates on hold as expected on Thursday and said it will study policy options to ensure it can pursue
its unprecedented money-printing programme but did not hint at the anticipated extension of its asset purchases.
"ECB's disappointing comments were the key driver of today's market weakness across the region," said Taye Shim, an analyst with Daewoo Securities Indonesia.
"Most market participants were waiting for the ECB to announce some aggressive stimulus measures or at least an extension to their current asset purchases programme which they failed to."
North Korea conducted a nuclear test that was more powerful than the bomb dropped on Hiroshima, with the nation saying it
had mastered the ability to mount a warhead on a ballistic missile.
Indonesian shares .JKSE dropped 1.7 percent to their lowest in nearly six weeks, with financials and telecoms weighing down the index, and posted a weekly fall of 1.3 percent.
Telekomunikasi Indonesia (Persero) Tbk PT TLKM.JK fell 2.6 percent and Bank Mandiri (Persero) Tbk PT BMRI.JK lost 3.1 percent.
The Indonesian market declined because foreign investors were "taking profits", Shim added.
Philippine shares .PSI closed 1.1 percent lower, with financials and consumer staples among the biggest losers. They
declined 2.9 percent this week.
Index heavyweight PLDT Inc TEL.PS led the losers with a drop of 3.7 percent, while Jollibee Foods Corp JFC.PS lost 4.5 percent.
Singapore shares .STI closed down 0.7 percent after losing as much as 1 percent earlier in the day, but posted a gain of 2.5 percent for the week.
Financials and telecoms pulled down the index on Friday, with Singapore Telecommunications Ltd STEL.SI and DBS Holdings Ltd DBSM.SI among the biggest losers.
Vietnam shares .VNI closed marginally higher but were down 0.4 percent for the week.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was down 1 percent at 0940 GMT.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev close Pct Move
Singapore 2873.33 2894.48 -0.73
Bangkok 1445.28 1455.38 -0.69
Manila 7581.79 7667.07 -1.11
Jakarta 5281.917 5371.078 -1.66
Kuala Lumpur 1686.44 1691.38 -0.29
Ho Chi Minh 666.88 666.07 0.12
Indonesia to launch 13th economic package this month
Coordinating Economic Minister Darmin Nasution said on Wednesday that the government would release its 13th economic policy package in August, adding that the draft had been completed.
Darmin said the 13th package was largely an extension of the previous one, but would expand its focus beyond industry. The 12th package focused on small and medium enterprises.
"We are just waiting to schedule a meeting with the president," Darmin told reporters at his office. He refused to give the exact date the new policy package would come into effect.
The ministry team must meet with President Joko "Jokowi" Widodo one more time to finalize the details, Darmin said.