SET climbs over zoned lockdown, fund inflows
The Stock Exchange of Thailand (SET) Index closed at 1,506.65 on Tuesday, up 38.41 points or 2.62 per cent, while total transactions stood at Bt115.29 billion with an index high of 1,506.66 and a low of 1,466.05.
In the morning session, an analyst at Krungsri Securities expected the day's index to fluctuate between 1,460 and 1,480 amid uncertainty over the coronavirus mutation and US President-elect Joe Biden's bid to increase taxes.
"However, the inflow of funds and the Thai government's zoning lockdown will help boost the SET," he said.
The top 10 stocks with the highest trade value today were EA, GPSC, DELTA, GULF, PTT, CPALL, CPF, BGRIM, KCE and IVL.
As of 4.30pm, the price of oil rose by US$0.06 or 0.13 per cent to $47.68 per barrel, while gold dropped by $1 or 0.05 per cent, to $1,945.60 per ounce.
Other Asian indices were mixed:
Japan’s Nikkei Index closed at 27,158.63, down 99.75 points or 0.37 per cent.
China’s Shanghai SE Composite Index closed at 3,528.68, up 25.72 points or 0.73 per cent, while Shenzhen SE Component Index closed at 15,147.57, up 320.10 points or 2.16 per cent.
Hong Kong's Hang Seng Index closed at 27,649.86, up 177.05 points or 0.64 per cent.
South Korea's KOSPI Index closed at 2,990.57, up 46.12 points or 1.57 per cent.
Taiwan's TAIEX Index closed at 15,000.03, up 98.00 points or 0.66 per cent.