ASEAN KEY DESTINATIONS
05 September 2016
The Straits Times Index (STI) ended 46.1 points or 1.64% higher to 2850.02, taking the year-to-date performance to -1.13%.
The top active stocks today were Singtel, which gained 2.07%, DBS, which gained 1.46%, CapitaLand, which gained 2.93%, UOB, which gained 1.44% and OCBC Bank, with a 1.40% advance.
The FTSE ST Mid Cap Index gained 1.16%, while the FTSE ST Small Cap Index rose 0.73%.
The outperforming sectors today were represented by the FTSE ST Real Estate Holding and Development Index, which rose 3.04%. The two biggest stocks of the Index - Hongkong Land Holdings and Global Logistic Properties – ended 3.89% higher and 2.20% higher respectively.
The underperforming sector was the FTSE ST Technology Index, which rose 0.13%. Silverlake Axis shares gained 0.76% and CSE Global declined 1.19%.
The three most active Exchange Traded Funds (ETFs) by value today were:
STI ETF (+1.75%)
IS MSCI India ETF (+1.35%)
DBXT MSCI Thailand TRN ETF (-1.72%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (+1.22%)
CapitaLand Mall Trust (+0.94%)
Mapletree Com Trust (+1.59%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW170201 (+13.08%)
OCBC Bk MBeCW170118 (+16.67%)
DBS MB ePW170201 (-11.54%)
Singapore Stock Market
*ST Index 2,889.89 +38.15 2,851.74 +47.82
Volume: 788.1M 1,155.8M
Value: $653M $932.7M
Gainers/Losers: 204/109 278/133
Daily Market Commentary (Securities)
05 September 2016
The FBM KLCI index gained 6.29 points or 0.38% on Monday. The Finance Index increased 0.40% to 14436.43 points, the Properties Index dropped 0.44% to 1194.1 points and the Plantation Index rose 0.42% to 7843.94 points. The market traded within a range of 12.26 points between an intra-day high of 1679.57 and a low of 1667.31 during the session.
Actively traded stocks include M3TECH-WA, VIVOCOM, AAX, AAX-CX, XDL, THHEAVY, BORNOIL, M3TECH, AAX-CU and MBSB. Trading volume increased to 1555.51 mil shares worth RM1396.64 mil as compared to Friday’s 1433.59 mil shares worth RM1532.12 mil.
Leading Movers were AXIATA (+13 sen to RM5.58), SKPETRO (+3 sen to RM1.55), IOICORP (+8 sen to RM4.49), MAYBANK (+14 sen to RM7.89) and MAXIS (+8 sen to RM6.25). Lagging Movers were GENTING (-10 sen to RM7.82), KLCC (-8 sen to RM7.60), HLFG (-16 sen to RM15.84), CIMB (-3 sen to RM4.74) and KLK (-10 sen to RM23.62). Market breadth was positive with 423 gainers as compared to 379 losers.
The KLCI closed higher at 1678.08 points amid last Friday’s gains in US market after disappointing employment data reduces the chance of an interest rate hike. The performance of our local bourse was in tandem with our regional peers as U.S. job report seen dimming chance of September rate hike.
Date As of: Monday, September 05, 2016
Description Volume Value Frequency
ETF 6,800 2,712,900 09
Stock 7,780,931,419 6,682,096,986,224 230,118
Warrant 19,909,500 8,129,806,300 139
Total 7,800,847,719 6,690,229,505,424 230,266
As of 5 September 2016 Unit: M.Baht
Type Buy Sell Net
Institution 6,834.51 9,207.30 -2,372.78
Proprietary 9,526.72 10,294.88 -768.16
Foreign 21,644.38 19,149.33 2,495.05
Individual 45,874.29 45,228.40 645.90
Total Trading Value 83,879.90 M.Baht
SE Asia Stocks-Steady; Philippine shares fall as Obama cancels meeting with Duterte Southeast Asian stock markets were steady
on Tuesday mirroring Asian markets, with investors now eyeing the results of the policy meeting in Australia for cues.
All the 33 economists polled by Reuters expect the Reserve Bank of Australia (RBA) to stand pat, following the rate cuts in
August and May.
Philippine stocks .PSI fell due to a sell-off as President Barack Obama cancelled his meeting with the country's president
after Rodrigo Duterte described Obama as a "son of a bitch".
"The cancellation of the meeting between leaders of the Philippines and the U.S. has exacerbated selling pressure in the market. Absence of market steering development has also affected selling pressure," said Manny Cruz, an analyst with Asiasec
Financial stocks lost the most after central bank governor Amando Tetangco said there is no strong need to change monetary
Statements released from the Philippine statistics office showed that annual inflation unexpectedly slowed in August as
food prices eased.
Metropolitan Bank and Trust Co MBT.PS was the biggest loser on the index, touching its lowest in about 10 weeks.
Meanwhile, Singapore shares .STI held on to the previous session's gains, up 1.1 percent, with oil and gas shares leading the rally.
Oil companies Sembcorp Marine SCMN.SI and Keppel Corp KPLM.SI gained after Brent crude retained most of its gains
from the previous session.
Thai shares .SETI rose marginally, supported by consumer non-cyclicals. Central Pattana PCL CPN.BK , Thailand's largest shopping mall developer, maintained its annual revenue growth of 15 percent, the Bangkok Post reported.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous Close Pct Move
Singapore 2883.73 2851.74 1.12
Bangkok 1495.51 1492.52 0.20
Manila 7715.55 7764.05 -0.62
Jakarta 5351.172 5356.954 -0.11
Kuala Lumpur 1685.97 1678.08 0.47
Ho Chi Minh 664.55 664.55 0.00
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.