SET GAINS CONTINUE
The Stock Exchange of Thailand (SET) Index gained 11.6 per cent from the end of last year and 2.9 per cent from the end of September to 1,721.37 points at the end of October.
Thailand Futures Exchange (TFEX) average derivatives trading volume was 449,542 contracts per day, rising 22.4 per cent year-on-year, SET Senior Executive Vice President Pakorn Peetathawatchai said yesterday.
He added that the higher SET Index in October was in line with other Asian markets' stock movement, propelled by optimism over third quarter’s earnings, while the average derivatives trading volume, especially Single Stock Futures, rose year-on-year.
In October, foreign investors sold a net Bt7.12 billion of Thai shares, while being net buyers at Bt1.83 billion during January-October. The 10-month foreign buying was in the same direction as the foreign net buying in Thai bonds since the beginning of this year.
Meanwhile, SET Index closed yesterday at 1,712.75 or up 1.01 point from Monday with a total trade value of Bt56.75 billion.
