Monday, December 30, 2019

Week of 23 Dec 2019 - Weekly Institution Fund Flow Updates, Charts and Analysis


SGX Institutional and Retail Fund Flow Weekly Tracker

Week of 23 December 2019
Institutional investors net buy (+S$105.7m) vs. (+S$82.8m) a week ago
Retail investors net sell (-S$55.5m) vs. (+S$39.0m) a week ago

Top 10 Institution Net Buy (+) Stocks
$Golden Agri-Res(E5H.SI)
SingTel(Z74.SI)

$DBS(D05.SI)
$Wilmar Intl(F34.SI)
$YZJ Shipbldg SGD(BS6.SI)
$Ascendas Reit(A17U.SI)
$OCBC Bank(O39.SI)
$HongkongLand USD(H78.SI)
$CapitaMall Trust(C38U.SI)
$United Engineers(U04.SI)

Top 10 Institution Net Sell (-) Stocks
$SGX(S68.SI)
$Lendlease Reit(JYEU.SI)
$Ascott Reit(A68U.SI)
$Eagle HTrust USD(LIW.SI)
$Keppel Corp(BN4.SI)
$First Reit(AW9U.SI)
$Genting Sing(G13.SI)
$UOB(U11.SI)
$CDL HTrust(J85.SI)
$ST Engineering(S63.SI)
















Source : https://www2.sgx.com/research-education/fund-flow-reports

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Hey,
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We do not and cannot guarantee the accuracy of the information. 
Please consult your broker or financial representative to verify pricing before executing any trade. 
We are not liable for any actions taken in reliance on information contained herein. 
With best regards, 
Martin

Monday, December 30, 2019

STI slipped 4.09 points in a low volume day, which saw our 3 local banks, UOL and SIA and SGX led losses.  Closing at 3222.44, which back below its 200ma on the 2nd last trading day of 2019. Cheers!



3,222.440   -4.09 (-0.13%)

"STI posts slight losses ahead of New Year's Eve
30 Dec 2019 17:54
By Navin Sregantan

UNLIKE its Wall Street counterparts on Friday, equities in Asia continued to have a relatively quiet (but mixed) session ahead of the New Year.

"Asian markets are stubbornly refusing to join in the last gasp trade euphoria prevalent on Wall Street," wrote Oanda Asia-Pacific senior market analyst Jeffrey Halley to clients.

He added: "The overall picture is one of book squaring and profit-taking in Asia with investors preferring to wait until next week before loading up on the first trades of a new decade."

On Monday, Singapore's Straits Times Index (STI) stayed mostly range-bound, ending the session at 3,222.44, down 4.09 points or 0.1 per cent...."
















STI posts slight losses ahead of New Year's Eve
30 Dec 2019 17:54
By Navin Sregantan

UNLIKE its Wall Street counterparts on Friday, equities in Asia continued to have a relatively quiet (but mixed) session ahead of the New Year.

"Asian markets are stubbornly refusing to join in the last gasp trade euphoria prevalent on Wall Street," wrote Oanda Asia-Pacific senior market analyst Jeffrey Halley to clients.

He added: "The overall picture is one of book squaring and profit-taking in Asia with investors preferring to wait until next week before loading up on the first trades of a new decade."

On Monday, Singapore's Straits Times Index (STI) stayed mostly range-bound, ending the session at 3,222.44, down 4.09 points or 0.1 per cent.

Elsewhere in the Asia-Pacific, Australia, Japan, South Korea and Taiwan were lower. China, Hong Kong and Malaysia made gains.

Of the lot, the benchmarks in Greater China fared best after China's central bank on Saturday indicated it will use the loan prime rate (LPR) as a benchmark for pricing floating-rate loans. It could lower loan costs, thereby encouraging economic growth.

In Singapore, trading volume clocked in at 1.35 billion securities, 13 per cent over the daily average in the first 11 months of 2019. Total turnover came in at a muted S$654.78 million, 61 per cent of the January-to-November daily average, suggesting activity was driven by pennies.

Advancers trumped decliners 234 to 169. Fourteen of the benchmark's 30 counters ended in the red.

Singtel shares edged up S$0.01 or 0.3 per cent to S$3.38 after revealing a tie up with ride-hailing and fintech firm Grab to apply for a digital full bank licence in Singapore. The telco will hold a 40 per cent stake in the consortium with Grab holding the remaining 60 per cent.

Golden Agri-Resources continued to see heavy activity since being dropped from the STI on Dec 23. It closed unchanged at 23.5 Singapore cents with 71 million shares changing hands.

Last week, institutional investors were top net buyers of the agribusiness player, while retail investors were top net sellers. Recent interest has also been supported by increases in crude palm oil prices, which are headed for the best performance in a decade.

AEM Holdings jumped S$0.10 or 5.3 per cent to S$1.99 after the provider of advanced chip testing solutions acquired French test solutions provider Mu-TEST for 7.5 million euros (S$11.3 million).

Among penny stocks, Mermaid Maritime saw considerable activity, jumping 3.6 Singapore cents or 31.3 per cent to close at 15.1 cents. The 103.9 million shares traded was the most on the Singapore bourse.

Investors could be making a play for the provider of engineering services to offshore oil and gas firms on the back of higher oil prices, one dealer said.

CGS-CIMB head of Singapore research Lim Siew Khee recently said Mermaid could be a potential privatisation candidate. The stock was trading at 0.34 times price-to-book, and its controlling shareholder has sufficient debt headroom to privatise, she wrote in a Dec 9 strategy report.

Source: Business Times Breaking News

Friday, December 27, 2019

Friday, December 27, 2019

STI closed a Doji above its 2-week consolidation zone and its daily 200ma. STI has been trending up since 4th December since peaking 7th November. Last Friday, STI edged higher by 3.54 to close at 3226.53, which is very near to its immediate down trend line at 3234. 

Hourly chart, looks ascending triangle, resisted at the neckline of previous support.













3,226.530   +3.54 (0.11%)

Singapore shares edge up on Friday, gain 0.4% on the week
27 Dec 2019 18:18
By Navin Sregantan

IT remained a sleepy period and understandably so, with the Christmas holiday taking place in the mid-week.

While many market participants were on break, most of the region's markets were back up and running on Friday in what was largely a positive day after Wall Street's three main indices closed at record highs on Thursday.

That said, traders (those that were active, that is) noted that the strong finishes in New York did not translate to early jumps in the region's benchmarks on Friday.

Oanda Asia-Pacific senior market analyst Jeffrey Halley was of the view investors in the Asia-Pacific were waiting for China's industrial profits for November to be released, which turns out better than street estimates.

















Singapore shares edge up on Friday, gain 0.4% on the week
27 Dec 2019 18:18
By Navin Sregantan

IT remained a sleepy period and understandably so, with the Christmas holiday taking place in the mid-week.

While many market participants were on break, most of the region's markets were back up and running on Friday in what was largely a positive day after Wall Street's three main indices closed at record highs on Thursday.

That said, traders (those that were active, that is) noted that the strong finishes in New York did not translate to early jumps in the region's benchmarks on Friday.

Oanda Asia-Pacific senior market analyst Jeffrey Halley was of the view investors in the Asia-Pacific were waiting for China's industrial profits for November to be released, which turns out better than street estimates.

In Singapore, the Straits Times Index (STI) was mostly flat before a late bump to finish the week at 3,226.53, up 3.54 points or 0.1 per cent.

On the week, the blue-chip index gained 14.14 points or 0.4 per cent from last Friday's close of 3,212.39.

Elsewhere in the Asia-Pacific, Australia, Hong Kong, Malaysia, South Korea and Taiwan all posted strong gains to close the trading week out. Meanwhile, Japan ended in the red while China was little moved.

Among the region's key benchmarks, Hong Kong's Hang Seng advanced 361.21 points or 1.3 per cent to 28,225.42, its best closing level since July 26.

On Friday, trading volume in Singapore clocked in at 1.38 billion securities, 16 per cent over the daily average in the first 11 months of 2019 but total turnover clocked in at S$544.70 million, half the January-to-November daily average, suggesting heavy penny activity was at play.

Across the market, advancers trumped decliners 239 to 159. Nine of the benchmark's 30 counters ended in the red.

Golden Agri-Resources was the Singapore bourse's most active counter on Friday. The palm oil plantation owner, which was dropped from the STI from Dec 23, finished S$0.02 or 9.3 per cent higher at 23.5 cents with 192.2 million shares changing hands.

ST Engineering was little affected after the mainboard-listed company on Thursday closed a Brazilian unit as part of its ongoing efforts to streamline its corporate structure. Its shares added S$0.02 or 0.5 per cent to S$3.95. While ST Engineering did not disclose the nature of this unit's business, the closure is not expected to have any material impact on its consolidated net tangible asset per share and earnings per share for the current financial year.

Among companies in the second line, Thomson Medical Group finished 0.7 Singapore cent or 11.7 per cent higher at 6.7 cents with 100.3 million shares traded.

Dyna-Mac Holdings continued to post strong gains this week. On Friday, the offshore oil and gas contractor added 1.3 Singapore cents or 8.2 per cent to close at 17.1 cents, extending a two-and-a-half-year high, with 54.6 million shares changing hands.

Source: Business Times Breaking News

Thursday, December 26, 2019

Thursday, December 26, 2019

STI climbed back above its curent uptrend line. Friday mornng is finding itself now above cloud and current consolidation zone, as well as its 200ma.






3,222.990
+1.32 (0.04%)
NamePrevLast+/-%HighLow
STRAITS TIMES3221.673222.99+1.3200.03222.993205.99

Singapore shares end flat in listless Thursday session
26 Dec 2019 18:28
By Navin Sregantan

TRADING in the Asia-Pacific remained relatively subdued as some markets remained closed, traders were on holiday, and accounts were closed for the year.

While Singapore equities returned to trading on Boxing Day, investors appeared to be nursing a festive hangover, contributing to a session that lacked direction. The Straits Times Index (STI) was little changed, adding 1.32 points or 0.04 per cent to end Thursday at 3,222.99.

But that should have surprised few, especially at year's end.

"With low volumes across financial markets globally at the moment, significant moves at this time of the year should always be taken with a grain of salt," Oanda's Asia-Pacific senior market analyst Jeffrey Halley said.

"Volatility will only spike if we get some unexpected headlines on the geopolitical front."














Singapore shares end flat in listless Thursday session
26 Dec 2019 18:28
By Navin Sregantan

TRADING in the Asia-Pacific remained relatively subdued as some markets remained closed, traders were on holiday, and accounts were closed for the year.

While Singapore equities returned to trading on Boxing Day, investors appeared to be nursing a festive hangover, contributing to a session that lacked direction. The Straits Times Index (STI) was little changed, adding 1.32 points or 0.04 per cent to end Thursday at 3,222.99.

But that should have surprised few, especially at year's end.

"With low volumes across financial markets globally at the moment, significant moves at this time of the year should always be taken with a grain of salt," Oanda's Asia-Pacific senior market analyst Jeffrey Halley said.

"Volatility will only spike if we get some unexpected headlines on the geopolitical front."

Elsewhere in the region, China, Japan and South Korea ended higher. Taiwan and Malaysia were flat.

Of the lot, China's Shanghai Composite Index put in the strongest performance, advancing 25.47 points or 0.9 per cent to 3,007.35. The Shanghai benchmark was lifted by Beijing's plan to support the Chinese economy through fiscal stimulus. Residency curbs are also expected to be relaxed to stimulate spending.

Australia and Hong Kong were closed but both will resume trading on Friday.

Trading volume in Singapore clocked in at 1.10 billion securities. Meanwhile, total turnover stood at S$437.53 million.

Across the market, advancers trumped decliners 197 to 131. Eight of the benchmark's 30 counters ended in the red.

Yangzijiang Shipbuilding continued to be the most actively traded among STI counters for a third successive session. Shares in China's largest non-state shipbuilder dipped two Singapore cents or 1.7 per cent to S$1.13 with 24.8 million shares changing hands.

Rigmaker Sembcorp Marine added S$0.03 or 2.3 per cent to S$1.31 after announcing early Thursday that it has secured two offshore platform contracts worth over S$550 million to fabricate platforms at two oilfields - one in Qatar and the other off the Danish north sea.

Among pennies, Dyna-Mac Holdings built on its strong run on Christmas Eve, adding 1.5 Singapore cents or 10.5 per cent to close at 15.8 cents on Boxing Day. Thursday's session was the second consecutive time that saw substantially higher activity for the counter. This week, the offshore oil and gas contractor has gained 19.7 per cent, and after Thursday's close, is trading at over a two-and-a-half-year high.

Broadway Industrial Group continued to see a hive of activity, climbing S$0.02 or 15.9 per cent to close at 14.6 cents with 118.1 million shares traded, the most on the Singapore bourse. Like Dyna-Mac, Broadway is trading at the highest in more than two-and-a-half years.

The company, which manufactures precision-machined components and assemblies among others, has been in discussions with two prospects for possible merger and acquisition (M&A) transactions as part of its ongoing strategic review. Since Broadway revealed that it is part of M&A talks on Nov 29, its share price has jumped by 3.3 times.

Source: Business Times Breaking News



Thursday, February 27 , 2020

STI selling angle steepens / intensifies. However, an intrday base was formed and then STI rebounded to par losses to just 5.82% (0.19%) to ...