SET lifts slightly due to lack of new positive factors
The Stock Exchange of Thailand (SET) Index rose 10.41 points or 0.78 per cent, closing at 1,349.44 today (July 1), while total transactions stood at Bt53.380 billion with an index high of 1,350.16 and a low of 1,331.60.
In the morning session, an analyst at Krungsri Securities said he expected the index to fluctuate between 1,330 and 1,350 as there were no new factors to boost investment. “The market won positive sentiment from strong US economic data as the US housing price index rose 4.7 per cent year on year in April, while US consumer confidence index rose to 98.1 in June,” he said.
“However, the index is still under pressure from uncertainty over a second wave of coronavirus infections, as the number of new cases in the US is still rising.”
The top 10 stocks with the highest trade value today were STA, PTT, BAM, KCE, PTTEP, CPALL, GULF, ADVANC, AOT, and KBANK.
As of 4.30pm, the price of crude oil rose by US$1.25 or 3.18 per cent to $40.52 per barrel, while gold prose by $4.20 or 0.23 per cent, to $1,804.70 per ounce.
Changes in other Asian indices were mixed:
Japan’s Nikkei Index closed at 22,121.73, down 166.41 points, or 0.75 per cent.
China’s Shanghai SE Composite Index closed at 3,025.98, up 41.31 points, or 1.38 per cent, while Shenzhen SE Component Index closed at 12,112.96, up 120.62 points, or 1.01 per cent.
South Korea’s KOSPI Index closed at 2,106.70, down 1.63 points, or 0.077 per cent.
Taiwan’s TAIEX Index closed at 11,703.42, up 82.18 points, or 0.71 per cent.
Hong Kong’s Hang Seng Index was closed due to the Hong Kong Special Administrative Region Establishment Day.
