SET ends 2020 with a 0.86% slide
The Stock Exchange of Thailand (SET) Index closed at 1,449.35 on Wednesday, down 12.60 points or 0.86 per cent. Transactions, meanwhile, totalled at Bt87.54 billion with an index high of 1,479.04 and a low of 1,445.36.
The index this year fell 144.53 points or by 7.32 per cent compared to 1563.88 last year.
Paiboon Narintarangkul, chairman of the Federation of Thai Capital Market Organisations, said SET dropped because the Covid-19 outbreak hit Thailand’s tourism industry badly, resulting in investors selling off Thai shares to reduce their investment risks.
“However, the drop was slight compared to other indices in the region,” he said.
The top 10 stocks with the highest trade value today were DELTA, GPSC, STGT, PTT, AEONTS, STARK, BANPU, IVL, TRUE and KBANK.
As of 4.30pm, the price of oil rose by US$0.32 or 0.67 per cent to $48.32 per barrel, while gold rose by $0.30 or 0.02 per cent, to $1,883.20 per ounce.
Other Asian indices were mixed:
Japan’s Nikkei Index closed at 27,444.17, down 123.98 or 0.45 per cent.
China’s Shanghai SE Composite Index closed at 3,414.45, up 35.42 points or 1.05 per cent, while Shenzhen SE Component Index closed at 14,201.56, up 231.35 points or 1.66 per cent.
Hong Kong's Hang Seng Index closed at 27,147.11, up 578.62 points or 2.18 per cent.
South Korea's KOSPI Index closed at 2,873.47, up 52.96 points or 1.88 per cent.
Taiwan's TAIEX Index closed at 14,687.70, up 215.65 points or 1.49 per cent.
