SET rallies despite lack of positive news
The Stock Exchange of Thailand (SET) Index closed at 1,286.18 today (September 15), up 13.84 points or 1.09 per cent. The volume of total transactions was Bt43.868 billion with an index high of 1,287.04 and a low of 1,274.62.
During the morning session, an analyst at Krungsri Securities said he expected the index to fluctuate between 1,265 and 1,280 due to a lack of positive sentiment.
In addition, he said, investors were delaying their investment until the US Federal Open Market Committee holds a meeting today and tomorrow.
“We expect the Fed to maintain the interest rate at 0 to 0.25 per cent and reveal its inflation target,” he said.
Moreover, he added, the SET will face volatility from mass sell-offs in stocks to mitigate risks from student protesters’ rally on September 19.
The top 10 stocks with the highest trade value today were AOT, MINT, CPF, PTT, PTTEP, JMART, STGT, CBG, ASIAN and CPALL.
As of 4.30pm, the price of oil rose by US$0.35 or 0.94 per cent to $37.61 per barrel, while gold rose by $11.80 or 0.60 per cent, to $1,975.50 per ounce.
Other Asian indices were mixed:
Japan’s Nikkei Index closed at 23,454.89, down 104.41 points or 0.44 per cent.
China’s Shanghai SE Composite Index closed at 3,295.68, up 16.87 points or 0.51 per cent, while Shenzhen SE Component Index closed at 13,143.46, up 121.47 points or 0.93 per cent.
Hong Kong’s Hang Seng Index closed at 24,732.76, up 92.48 points or 0.38 per cent.
South Korea’s KOSPI Index closed at 2,443.58, up 15.67 points or 0.65 per cent.
Taiwan’s TAIEX Index closed at 12,845.65, up 57.83 points or 0.45 per cent.
