SET rebounds from Covid shock
The Stock Exchange of Thailand (SET) Index closed at 1,424.39 on Tuesday, up 22.61 points or 1.61 per cent. Total transactions amounted to Bt87.82 billion with an index high of 1,428.11 and a low of 1,388.23.
The SET closed in positive territory after investors bought back shares following the sharp fall of more than 5 per cent during Monday trading.
In the morning session on Tuesday, an analyst at Krungsri Securities expected the day’s index to fall to 1,390 points as fresh Covid-19 outbreaks in Thailand and Britain spur negative sentiment for the economy and investor confidence.
"The index will also be under pressure from the falling oil price," he said.
The 10 stocks with the highest trade value today were PTT, KBANK, BANPU, ADVANC, CPALL, IVL, PTTEP, BBL, CPF and IRPC.
As of 4.30pm, the price of oil dropped by US$0.96 or 2.00 per cent to $47.01 per barrel, while gold dropped by $5.00 or 0.27 per cent, to $1,877.80 per ounce.
Other Asian indices were mixed:
Japan’s Nikkei Index closed at 26,436.39, down 278.03 points or 1.04 per cent.
China’s Shang Hai SE Composite Index closed at 3,356.78, down 63.79 points or 1.86 per cent, while Shenzhen SE Component Index closed at 13,882.30, down 252.55 points or 1.79 per cent.
Hong Kong's Hang Seng Index closed at 26,119.25, down 187.43 points or 0.71 per cent.
South Korea's KOSPI Index closed at 2,733.68, down 44.97 points or 1.62 per cent.
Taiwan's TAIEX Index closed at 14,177.46, down 207.50 points or 1.44 per cent.
Singapore's Straits Times Index closed at 2,823.79, down 22.73 points or 0.80 per cent.
Vietnam's Ho Chi Minh Stock Index closed at 1,083.45, up 2.37 points or 0.22 per cent.
