SET sheds almost 10 points after rising in previous days
The Stock Exchange of Thailand (SET) Index closed at 1,336.31 on Thursday, down 9.03 points or 0.67 per cent. Total transactions amounted to Bt97.24 billion with an index high of 1,341.57 and a low of 1,327.17.
In the morning session, an analyst at Krungsri Securities expected the day’s index to fluctuate between 1,335 points and 1,357 despite news that a Covid-19 vaccine was almost ready, which helped attract foreign funds into the market.
“Uncertainty over the US lockdown to contain Covid-19, and signs of overbought stocks will pressure the index,” he said.
He added that foreign stock and oil markets were currently facing corrections following sharp rises, as investors waited for fresh positive sentiment.
The 10 stocks with the highest trade value today were SCGP, KBANK, AOT, PTT, MINT, CPALL, ADVANC, STGT, TASCO and BDMS.
As of 4.30pm, the price of oil dropped by US$0.32 or 0.77 per cent to $41.13 per barrel, while gold rose by $2.90 or 0.16 per cent, to $1,864.50 per ounce.
Other Asian indices were mixed:
Japan’s Nikkei Index closed at 25,520.88, up 171.28 points or 0.68 per cent.
China’s Shang Hai SE Composite Index closed at 3,338.68, down 3.52 points or 0.11 per cent, while the Shenzhen SE Component Index closed at 13,792.07, up 71.90 points or 0.52 per cent.
Hong Kong's Hang Seng Index closed at 26,169.38, down 57.60 points or 0.22 per cent.
South Korea's KOSPI Index closed at 2,475.62, down 10.25 points or 0.41 per cent.
Taiwan's TAIEX Index closed at 13,221.78, down 40.41 points or 0.30 per cent.
