ASEAN KEY DESTINATIONS
16 August 2017
The Straits Times Index (STI) ended 15.98 points or 0.48% lower to 3278.95, taking the year-to-date performance to +13.82%. For longer term observations please go to sgx.com/research.
The top active stocks today were DBS, which declined 1.88%, Singtel, which closed unchanged, OCBC Bank, which declined 0.18%, UOB, which declined 0.96% and YZJ Shipbldg SGD, with a 2.24% advance.
The FTSE ST Mid Cap Index declined 0.21%, while the FTSE ST Small Cap Index declined 0.48%.
The three most active Exchange Traded Funds (ETFs) by value today were:
IS MSCI India (-0.24%)
DBXT MSCI Asia Ex Japan ETF (+0.43%)
STI ETF (-0.90%)
The three most active Real Estate Investment Trusts (REITs) by value were:
CapitaLand Mall Trust (unchanged)
Ascendas REIT (unchanged)
CapitaLand Commercial Trust (-0.58%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB ePW171204 (+15.23%)
UOB MB eCW171016 (-15.39%)
OCBC Bk MB eCW180301 (-3.57%)
Singapore Stock Market
*ST Index 3,265.17 -13.78 3,278.95 -15.98
Volume: 1,249M 1,740.9M
Value: $623.1M $1,180.2M
Gainers/Losers: 177/185 168/262
Daily Market Commentary (Securities)
16 August 2017
The FBM KLCI index gained 1.36 points or 0.08% on Wednesday. The Finance Index increased 0.31% to 16762.78 points, the Properties Index up 0.36% to 1248.53 points and the Plantation Index rose 0.03% to 7804.7 points. The market traded within a range of 3.01 points between an intra-day high of 1774.61 and a low of 1771.60 during the session.
Actively traded stocks include MTOUCHE, MLAB, SYSTECH, KRONO, MLAB-WA, VS-WA, AEONCR-LR, REV, HIBISCS and AEMULUS. Trading volume decreased to 1719.87 mil shares worth RM1800.92 mil as compared to Tuesday’s 1797.97 mil shares worth RM1795.45 mil.
Leading Movers were HLFG (+30 sen to RM16.94), GENTING (+14 sen to RM9.79), RHBBANK (+4 sen to RM4.87), BAT (+34 sen to RM44.34) and YTL (+1 sen to RM1.42). Lagging Movers were SIME (-8 sen to RM9.30), ASTRO (-2 sen to RM2.67), KLK (-18 sen to RM24.50), PPB (-8 sen to RM16.50) and KLCC (-3 sen to RM7.89). Market breadth was positive with 529 gainers as compared to 295 losers.
The KLCI closed flat with 1.36 points higher at 1773.75 points in line with overnight mixed performance in US market. The performance of our local bourse was lifted by buying interest in heavy weight counters such Hong Leong Financial Group and RHB Bank.
Date As of: 16 August 2017
Description Volume Value Frequency
ETF 966,100 98,654,600 32
Stock 7,484,008,858 6,079,680,964,038 305,181
Warrant 62,731,900 3,450,086,900 3,087
Total 7,547,706,858 6,083,229,705,538 308,300
As of 16 August 2017 Unit: M.Baht
Type Buy Sell Net
Institution 5,622.75 5,434.24 188.51
Proprietary 4,181.26 4,312.68 -131.42
Foreign 11,707.81 11,596.24 111.57
Individual 16,115.83 16,284.49 -168.66
Total Trading Value 37,627.65 M.Baht
SE Asia Stocks-Singapore hits 1-month low as financials drag
Singapore shares hit a one-month low on Wednesday, dragged down by financials, while other Southeast
Asian stock markets were subdued in line with Asia as tensions in the Korean peninsula simmered down a little.
The Singapore index .STI lost as much as 1.1 percent, with financial stocks accounting for more than half of the losses.
Top lenders DBS Group Holdings DBSM.SI fell as much as 1.4 percent and Oversea-Chinese Banking Corp OCBC.SI slipped 1.8 percent.
"The interest rates have not really been rising as much as people are expecting, so that will definitely impact the
interest margin going forward," said Joel NG, an analyst with KGI Securities in Singapore.
"Another reason has also been that many of the oil and gas companies are now having huge writedowns on their assets. I think that is also affecting the banks somewhat."
Singapore's offshore and marine industry has been hit by low oil prices, weak charter rates and delays to projects, forcing many firms to restructure debt and cut costs.
Energy stocks also fell, with offshore rig builder Keppel Corp KPLM.SI shares were down as much as 1.7 percent on
Wednesday, while Sembcorp Industries SCIL.SI was down 1.3 percent.
In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS edged up 0.1 percent, while the
dollar rallied to its highest level against a basket of major currencies in nearly three weeks.
Thai .SETI shares fell 0.1 percent, hurt by financials and energy stocks. Telecommunications company Samart Corp
SAMART.BK fell as much as 4.4 percent, on track for a fifth session of losses.
Thailand's central bank on Wednesday is expected to keep its benchmark interest rate unchanged where it has been more than two years, a Reuters poll showed.
Philippine .PSI shares were marginally higher, while Indonesia .JKSE rose as much as 0.3 percent.
SOUTHEAST ASIAN STOCK MARKETS: Change as of 0419 GMT
Market Current previous Pct Move
Singapore 3265.99 3294.93 -0.88
Bangkok 1563.9 1567.19 -0.21
Manila 8019.54 8009.41 0.13
Jakarta 5850.012 5835.041 0.26
Kuala Lumpur 1773.01 1772.39 0.03
Ho Chi Minh 769.64 771.06 -0.18