WEDNESDAY, May 01, 2024
nationthailand

SET gains 2.5% as investors buoyed by Kerry IPO, lockdown news

SET gains 2.5% as investors buoyed by Kerry IPO, lockdown news

The Stock Exchange of Thailand (SET) Index closed at 1,451.52 on Thursday, up 35.50 points or 2.51 per cent. Total transactions amounted to Bt103.03 billion with an index high of 1,453.87 and a low of 1,409.75.

The index was buoyed by the first day of trading in Kerry Express (KEX) shares, as well as news that health authorities had not imposed a nationwide lockdown in response to the latest virus outbreak. The KEX share price shot up to Bt51.25 on Thursday, 83.04 per cent higher than its initial public offering (IPO) price of Bt28.

The 10 stocks with the highest trade value today were KEX, DELTA, KBANK, AEONTS, PTT, IVL, CPF, AOT, BANPU and CPALL.

As of 4.30pm, the price of oil dropped by US$0.12 or 0.25 per cent to $48 per barrel, while gold rose by $4.90 or 0.26 per cent, to $1,883 per ounce.

Other Asian indices were mixed:

Japan’s Nikkei Index closed at 26,668.35, up 143.56 points or 0.54 per cent.

China’s Shang Hai SE Composite Index closed at 3,363.11, down 19.21 points or 0.57 per cent, while Shenzhen SE Component Index closed at 13,915.57, down 99.45 points or 0.71 per cent.

Hong Kong's Hang Seng Index closed at 26,386.56, up 43.46 points or 0.16 per cent.

South Korea's KOSPI Index closed at 2,806.86, up 47.04 points or 1.70 per cent.

Taiwan's TAIEX Index closed at 14,280.28, up 57.19 points or 0.40 per cent.

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