ASEAN KEY DESTINATIONS
18 October 2016
The Straits Times Index (STI) ended 13.56 points or 0.48% higher to 2830.63, taking the year-to-date performance to -1.81%.
The top active stocks today were OCBC Bank, which gained 1.07%, UOB, which gained 0.87%, Singtel, which declined 0.26%, DBS, which gained 0.40% and CapitaLand, with a 0.32% advance.
The FTSE ST Mid Cap Index gained 0.34%, while the FTSE ST Small Cap Index rose 0.19%.
The outperforming sectors today were represented by the FTSE ST Real Estate Holding and Development Index, which rose 1.15%. The two biggest stocks of the Index - Hongkong Land Holdings and Global Logistic Properties – ended 3.29% higher and 0.28% higher respectively.
The underperforming sector was the FTSE ST Basic Materials Index, which slipped 1.25%. Midas Holdings shares declined 2.27% and Halcyon Agri Corporation declined 1.84%.
The three most active Exchange Traded Funds (ETFs) by value today were:
SPDR Gold Shares (+0.83%)
STI ETF (+0.70%)
DBXT MSCI Thailand TRN ETF (+0.57%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (+0.83%)
CapitaLand Mall Trust (-0.47%)
Suntec REIT (+0.29%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW170201 (+4.94%)
UOB VT eCW170213 (+4.96%)
Singapore Stock Market
*ST Index 2,830.63 +13.56 2,817.07 +1.83
Volume: 1,575.2M 2,414.6M
Value: $902.3M $995.3M
Gainers/Losers: 208/170 145/235
Daily Market Commentary (Securities)
18 October 2016
The FBM KLCI index gained 13.86 points or 0.84% on Tuesday. The Finance Index increased 1.02% to 14355.76 points, the Properties Index up 0.23% to 1214.88 points and the Plantation Index rose 0.48% to 7940.86 points. The market traded within a range of 14.94 points between an intra-day high of 1667.57 and a low of 1652.63 during the session.
Actively traded stocks include AT, RGB, NEXGRAM, REACH-WA, AAX, MNC-OR, HIBISCS, HSI-C36, AAX-CX and ASIABIO. Trading volume increased to 1568.61 mil shares worth RM1875.71 mil as compared to Monday’s 1261.86 mil shares worth RM1516.69 mil.
Leading Movers were RHBBANK (+13 sen to RM4.68), AXIATA (+13 sen to RM5.22), GENTING (+17 sen to RM7.99), SIME (+15 sen to RM7.90) and AMMB (+7 sen to RM4.12). Lagging Movers were KLCC (-3 sen to RM7.81), PETDAG (-2 sen to RM23.38), KLK (-2 sen to RM23.96), WPRTS (-0 sen to RM4.28) and TENAGA (-0 sen to RM14.40). Market breadth was positive with 467 gainers as compared to 319 losers.
The KLCI surged and closed higher at 1667.57 points despite overnight losses in US markets. The performance of our local bourse was in line with our regional peers following advance in oil prices.
Date As of: 18 October 2016
Description Volume Value Frequency
ETF 2,100 1,580,300 03
Stock 8,961,087,116 9,201,123,267,707 277,956
Right 1,357,900 115,353,100 190
Warrant 12,659,500 435,548,900 505
Total 8,975,106,616 9,201,675,750,007 278,654
As of 18 Oct 2016 Unit: M.Baht
Type Buy Sell Net
Institution 4,126.41 4,521.46 -395.06
Proprietary 6,501.08 6,052.16 448.92
Foreign 16,744.30 19,110.51 -2,366.21
Individual 30,342.51 28,030.16 2,312.35
Total Trading Value 57,714.29 M.Baht
SE Asia Stocks-Upbeat; Philippines rises nearly 3 pct
Southeast Asian stock markets rose on Tuesday on a weaker dollar, with Philippine shares .PSI
closing nearly 3 percent higher as President Rodrigo Duterte's visit to China raised hopes of foreign investment inflows.
Duterte's visit to China on Tuesday, accompanied by at least 200 members of the Philippine business elite, is to pave the way for what he calls a new commercial alliance, amid deteriorating ties with longtime ally the United States.
"We see some semblance of foreign buying given the notion that Duterte's government will bring in investment from foreign trips," said Manny Cruz, an analyst with Manila-based Asiasec Securities.
"If it's significant, the amount of dollars that could come in after those trips could help curtail the weakness of the
Philippine shares closed 2.9 percent higher, their biggest gain since May 11, driven by consumer cyclicals and financials.
SM Investments Corp SM.PS and SM Prime Holdings SMPH.PS were among the biggest gainers.
Asian shares extended gains, pulled higher by financials and a rebound in oil prices. MKTS/GLOB
The dollar .DXY fell against a basket of six major currencies after recently strengthening as markets priced in
expectations for a Federal Reserve rate increase in December, a growing headwind for emerging markets.
Fed Vice Chairman Stanley Fischer said on Monday that economic stability could be threatened by low interest rates,
but it was "not that simple" to raise rates.
"The dollar edging lower is a sigh of relief for Southeast Asian markets during times when the Fed has been so hawkish," said Taye Shim, an analyst with Daewoo Indonesia.
Ahead of the U.S. inflation data due later in the day, investors also evaluated whether the Fed will let inflation run
above target before raising interest rates. ECONUS
Malaysia .KLSE and Indonesia .JKSE rose 0.8 percent and 0.4 percent respectively, with Indonesia extending gains into a third straight session.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous Pct Move
Singapore 2830.63 2817.07 0.48
Bangkok 1477.54 1477.34 0.01
Manila 7571.15 7358.21 2.89
Jakarta 5430.048 5410.303 0.36
Kuala Lumpur 1667.57 1653.71 0.84
Ho Chi Minh 682.02 680.95 0.16