By The Nation
An analyst at Krungsri Securities expected the index to fluctuate between 1,275 and 1,295 despite the oil price that rose over US$40 per barrel.
"The student protesters' political rally tomorrow [Saturday] and the FTSE's index rebalancing, which would be effective Friday evening, would cause volatility in the SET," he said.
He recommended that investors buy:
▪︎ Stocks whose third-quarter performance will improve, such as TU, ASIAN, COM7, CHG, PTG and PLANB.
▪︎ Stocks that will benefit from the rising oil price, such as PTTEP, TOP and PTTGC.
The SET Index closed at 1,284.40 on Thursday (September 17), down 9.08 points or 0.70 per cent. The volume of total transactions was Bt46 billion with an index high of 1,292.42 and a low of 1,280.11.
The index fell in line with foreign stock markets due to uncertainty about the global economic recovery after the US Federal Reserve indicated it would maintain the interest rate at a low level for three years.