SET falls as more virus cases found in Thailand

The Stock Exchange of Thailand (SET) Index closed at 1,416.02 on Wednesday, down 8.37 points or 0.59 per cent. Total transactions amounted to Bt89.55 billion with an index high of 1,440.52 and a low of 1,414.21.

In the morning session, an analyst at Krungsri Securities expected the day’s index to fluctuate between 1,415 and 1,435 points amid an influx of foreign funds.

“However, uncertainty over the [highly infectious] coronavirus mutant in Britain and fears of a new Covid-19 wave in Thailand would pressure the index,” he predicted.

The 10 stocks with the highest trade value today were PTT, DELTA, CPF, BANPU, CPALL, KBANK, STGT, ADVANC, SCB and AOT.

As of 4.30pm, the price of oil dropped by US$0.08 or 0.17 per cent to $46.94 per barrel, while gold rose by $5.10 or 0.27 per cent, to $1,875.40 per ounce.

Other Asian indices were on the rise:

Japan’s Nikkei Index closed at 26,524.79, up 88.40 points or 0.33 per cent.

China’s Shang Hai SE Composite Index closed at 3,382.32, up 25.54 points or 0.76 per cent, while Shenzhen SE Component Index closed at 14,015.02, up 132.72 points or 0.96 per cent.

Hong Kong's Hang Seng Index closed at 26,343.10, up 223.85 points or 0.86 per cent.

South Korea's KOSPI Index closed at 2,759.82, up 26.14 points or 0.96 per cent.

Taiwan's TAIEX Index closed at 14,223.09, up 45.63 points or 0.32 per cent.