FTSE Straits Times Index (FSSTI) closed at 3,236.65, down 9.4 points or 0.3%.
Market Activity:
Up: 189 stocks
Unchanged: 308 stocks
Down: 141 stocks
Total Volume: 1,870.8 million shares, down 177.7 million shares or 8.7%.
Total Value: S$980.1 million, down S$3.8 million or 0.4%.
Top Gainers (Market Cap > $100 million)
Company
Price Change (S$)
Delta
% Change
Courage Investment
0.265
0.040
17.8
Unusual Ltd
0.540
0.050
10.2
Elec & Eltek
1.650
0.150
10.0
Delong
1.945
0.145
8.1
Hi-P
1.535
0.100
7.0
Oxley
0.615
0.040
7.0
Top Losers (Market Cap > S$100 million)
Company
Price Change (S$)
Delta
% Change
SIA Engineering
3.210
(0.250)
(7.2)
Ix Biopharma
0.220
(0.010)
(4.3)
Mermaid Maritime
0.135
(0.004)
(2.9)
FCL
2.040
(0.060)
(2.9)
Boustead Projects
0.855
(0.025)
(2.8)
Ascendas India Trust
1.090
(0.030)
(2.7)
Asia-Pacific Indices
Index
Level
Delta
% Change
YTD (%)
Nikkei 225
20,626.66
29.2
0.1
8.1
KOSPI
2,394.47
21.3
0.9
18.2
CSI 300
3,836.50
14.0
0.4
15.9
HSCEI
11,397.17
91.8
0.8
21.3
Taiex
10,469.35
4.2
0.0
13.1
Hang Seng
28,379.18
206.0
0.7
29.0
Sensex
31,671.71
174.3
0.6
18.9
Nifty
9,914.90
55.4
0.6
21.1
SET
1,687.77
(2.2)
(0.1)
9.4
KLCI
1,761.84
2.2
0.1
7.3
JCI
5,951.48
12.0
0.2
12.4
Phil Comp
8,344.05
31.1
0.4
22.0
S&P/ASX 200
5,652.06
2.8
0.1
(0.2)
US/Europe Indices
Index
Level
Delta
% Change
YTD (%)
DJIA
22,661.64
20.0
0.1
14.7
NASDAQ Comp
6,534.63
2.9
0.0
21.4
S&P 500
2,537.74
3.2
0.1
13.4
FTSE 100
7,467.58
(0.5)
(0.0)
4.5
DAX
12,970.52
67.9
0.5
13.0
CAC 40
5,363.23
(4.2)
(0.1)
10.3
Euro STOXX 50
3,594.91
(10.8)
(0.3)
9.3
VIX
9.63
0.1
1.3
(31.4)
Currency Rates
Currency
X-Rate
Delta
% Change
YTD (%)
Yen
112.76
0.08
(0.07)
3.7
Won
1,142.37
0.22
(0.02)
5.5
RMB
6.6528
(0.01)
0.12
4.4
NT$
30.37
(0.05)
0.17
6.4
HK$
7.81
0.00
(0.00)
(0.7)
Rs
65.01
(0.49)
0.75
4.5
RM
4.23
0.00
(0.05)
6.1
S$
1.36
0.00
(0.10)
6.2
P
51.01
(0.09)
0.18
(2.8)
Rp
13,477
65.00
0.48
(0.0)
A$
0.79
(0.00)
(0.39)
8.7
Bonds (10 Year)
Country
Yield
Delta
% Change
YTD (%)
Singapore
2.13
(0.04)
(2.05)
(14.1)
United States
2.32
0.00
0.08
(4.9)
Japan
0.06
0.01
9.09
30.4
United Kingdom
1.38
0.03
1.85
11.2
Germany
0.45
(0.01)
(2.16)
117.8
Malaysia
3.94
(0.01)
(0.28)
(6.7)
Indonesia
6.50
-
-
(18.5)
Commodity Prices
Commodity
Price
Delta
% Change
YTD (%)
Brent
55.8
(0.08)
(0.14)
(5.1)
Gold
1,273.8
0.31
0.02
10.5
Copper
295.9
(0.20)
(0.07)
17.1
Palm Oil
2,715.0
32.00
1.19
-
CRB
181.3
0.39
0.22
(5.8)
Research Reports
800 Super Holdings Ltd
Recommendation: Buy (Maintain)
Last Close Price: $1.19
Target Price: $1.53 (unchanged)
Analyst: Richard Leow
Key Points:
Proposed acquisition of a laundry and dry cleaning business
S$5 million aggregate consideration is 4.2 times over NTA
Intention is for Vendors to continue managing the business
Miyoshi Ltd – Daily Timeframe – Bullish
A bullish break above the 0.074 resistance area on 04/10/17 suggests the start of the next wave higher.
Expect the uptrend to take over next for price to test the 0.080 resistance area followed by 0.086.
Frencken Ltd – Daily Timeframe – Bullish
The bullish engulfing bar on 04/10/17 broke price above the downtrend line with increasing volume, suggesting further upside.
Expect the uptrend to resume next for price to test the 0.550 resistance area followed by 0.600.
Breaking News
Sembcorp Marine Ltd: Terminated three contracts with Oro Negro for the construction of three jack-up rigs, with delivery deferred.
City Developments Limited (CDL): Successfully tendered for the collective sale of the Amber Park condominium site for S$906.7 million or S$1,515 psf ppr.
Weekly Market Outlook Webinar
Register HERE for Monday's 11:15am webinar.
Webinars allow clients, remisiers, and sales staff to ask questions about market direction.
Features:
New initiation on Dairy Farm International, a proxy to North Asian consumer boom.
Opportunity to buy after recent share price retracement.
Update on SG Coal Sector.
Archived webinars available.
Singapore Companies' ADR Premiums and Discounts
Company
ADR Ticker
ADR Close
% Chg
Local Equiv.
Local Close
ADR % Prem
Shares Per ADR
DBS Bank
DBSDY
62.10
-0.42
21.16
21.08
0.36
4
Jardine Matheson
JMHLY
64.36
-0.68
64.36
64.07
0.45
1
Jardine Strategic
JSHLY
21.53
-2.16
43.05
43.04
0.02
1
United Overseas Bank
UOVEY
34.79
-0.85
23.71
23.62
0.36
2
Singapore Company 52 Week High/Low
New 52 Week Highs
Name
Mkt Cap (SGD mn)
Close Price
YTD %
CHIP ENG SENG CORP LTD
499.9
0.805
27.8
GP INDUSTRIES LTD
351.2
0.725
23.9
HI-P INTERNATIONAL LTD
1,239.4
1.535
201.0
KEPPEL DC REIT
1,521.6
1.350
13.9
MAPLETREE LOGISTICS TRUST
3,499.2
1.240
22.2
MSM INTERNATIONAL LTD
9.0
0.100
25.0
NORDIC GROUP LTD
210.3
0.535
114.0
SING HOLDINGS LIMITED
180.4
0.450
46.7
New 52 Week Lows
Name
Mkt Cap (SGD mn)
Close Price
YTD %
ES GROUP HOLDINGS LTD
4.4
0.031
(69.6)
GENTING HONG KONG LTD
2,120.6
0.250
(16.7)
JAYA HOLDINGS LTD
1.2
0.032
(83.2)
KEPPEL TELECOM & TRANSPORT
806.4
1.445
(15.7)
SAMKO TIMBER LTD
87.7
0.037
12.1
SIA ENGINEERING CO LTD
3,593.3
3.210
(3.5)
TMC EDUCATION CORP LTD
4.9
0.029
(58.6)
SINGAPORE AIRLINES
0.0
0.0
0.0
Singapore Company Dividends Dates
Ex-date
Company
Status
Amount
Indicated Yield (%)
Record date
Payment date
6 Oct 17
New Toyo
Interim
0.006
6.30
10/10/2017
10/19/2017
9 Oct 17
UMS
2nd Interim
0.010
4.83
10/11/2017
10/27/2017
10 Oct 17
UOA
Interim
0.005
4.78
10/11/2017
11/6/2017
24 Oct 17
Ryobi Kiso
Regular Cash
0.004
2.11
10/26/2017
11/8/2017
25 Oct 17
Karin Technology
Final
0.098
9.79
10/26/2017
11/16/2017
26 Oct 17
Cordlife
Final
0.005
0.60
10/26/2017
11/10/2017
26 Oct 17
Singapore O&G Ltd
Final
0.002
0.95
10/30/2017
11/15/2017
26 Oct 17
Nordic Group Ltd
Final
0.020
3.68
10/30/2017
11/21/2017
Singapore & US Economic Calendar (October 2017)
Date
Event
Forecast
Actual
4 Oct 17
Asia-Pacific Strategic: Y
-
-
5 Oct 17
SG:Non-oil Domestic Exports YoY Sep (17.0%)
-
-
6 Oct 17
US:Change in Nonfarm Payrolls Sep (156K)
-
-
7 Oct 17
US:Unemployment Rate Sep (4.4%)
-
-
10 Oct 17
SG:Purchasing Managers Index Sep (51.8p)
-
-
11 Oct 17
SG:Retail Sales YoY Aug (1.8%)
-
-
14 Oct 17
US:Initial Jobless Claims Oct
-
-
17 Oct 17
SG:GDP YoY 3Q A (2.9%)
-
-
18 Oct 17
US:Factory Orders Aug (1.7%)
-
-
20 Oct 17
US:Wholesale Inventories MoM Aug (1.0%)
-
-
21 Oct 17
US:Construction Spending MoM Aug (-0.6%)
-
-
25 Oct 17
US:MBA Mortgage Applications Sep (-0.5%)
-
-
26 Oct 17
SG:GDP SAAR QoQ 3Q A (2.2%)
-
-
Phillip Securities Research - Singapore Stocks Coverage