SET rises slightly in response to positive indicators from US
The Stock Exchange of Thailand (SET) Index closed at 1,315.88 today (September 2), up 10.31 points or 0.79 per cent. The volume of total transactions stood at Bt43.682 billion with an index high of 1,316.08 and a low of 1,301.78.
During the morning session, an analyst at Krungsri Securities said he expected the index to rebound between 1,310 and 1,315 points before falling in response to a rise in the US manufacturing Purchasing Managers’ Index (PMI) in August.
“The US PMI in August rose to 53.1, the highest in a year,” the analyst said. “The market also gained from Washington’s move to consider new Covid-19 relief measures.”
However, he warned investors to be aware of market volatility since foreign investors’ funds are continuing to flow out.
The top 10 stocks with the highest trade value today were SCC, MINT, CPALL, BAM, KBANK, PTT, CPF, STA, PTTEP and PTTGC.
As of 4.30pm, the price of oil rose by US$0.18 or 0.42 per cent to $42.94 per barrel, while gold dropped by $0.70 or 0.04 per cent, to $1,978.20 per ounce.
Other Asian indices were mixed:
Japan’s Nikkei Index closed at 23,247.15, up 109.08 points or 0.47 per cent.
China’s Shanghai SE Composite Index closed at 3,404.80, down 5.80 points or 0.17 per cent, while Shenzhen SE Component Index closed at 13,887.42, up 37.77 points or 0.27 per cent.
Hong Kong’s Hang Seng Index closed at 25,120.09, down 64.76 points or 0.26 per cent.
South Korea’s KOSPI Index closed at 2,364.37, up 14.82 points or 0.63 per cent.
Taiwan’s TAIEX Index closed at 12,699.50, down 3.78 points or 0.030 per cent.
