FRIDAY, March 29, 2024
nationthailand

SET rises despite gloom over Thai protests, Covid

SET rises despite gloom over Thai protests, Covid

The Stock Exchange of Thailand (SET) Index closed at 1,364.59 on Wednesday, up 14.78 points or 1.09 per cent. Total transactions amounted to Bt66.93 billion with an index high of 1,364.64 and a low of 1,341.46.

In the morning session, an analyst at Krungsri Securities expected the day’s index to fall to 1,340 points due to lack of positive sentiment.

“Uncertainty over political unrest in Thailand, rising Covid-19 cases worldwide and signs of overbought stocks will pressure the index,” he said.

The 10 stocks with the highest trade value today were KBANK, SCGP, MINT, PTT, GPSC, SAWAD, STGT, AOT, GULF and CPALL.

As of 4.30pm, the price of oil rose by US$0.31 or 0.75 per cent to $41.74 per barrel, while gold dropped by $4.60 or 0.24 per cent, to $1,880.50 per ounce.

Other Asian indices were mixed:

Japan’s Nikkei Index closed at 25,728.14, down 286.48 points or 1.10 per cent.

China’s Shang Hai SE Composite Index closed at 3,347.30, up 7.41 points or 0.22 per cent, while the Shenzhen SE Component Index closed at 13,658.20, down 74.32 points or 0.54 per cent.

Hong Kong's Hang Seng Index closed at 26,544.29, up 129.20 points or 0.49 per cent.

South Korea's KOSPI Index closed at 2,545.64, up 6.49 points or 0.26 per cent.

Taiwan's TAIEX Index closed at 13,773.29, up 180.28 points or 1.33 per cent.

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