SET slides almost 1% after surging past 1,500 pts in previous close
The Stock Exchange of Thailand (SET) Index closed at 1,492.36 on Wednesday, down 14.29 points or 0.95 per cent. Total transactions amounted to Bt142.32 billion with an index high of 1,514.89 and a low of 1,485.79.
In the morning session, an analyst at Krungsri Securities forecast the day's index to fluctuate between 1,490 and 1,520 as the rising oil price and Thailand's only-partial lockdown buoyed investment sentiment.
"However, investors should beware of market volatility after the SET imposed cash balance regulations on Delta Electronics shares," he said.
The 10 stocks with the highest trade value today were EA, KCE, IRPC, GPSC, IVL, KBANK, PTTEP, PTT, BANPU and HANA.
As of 4.30pm, the price of oil dropped by US$0.03 or 0.06 per cent to $49.90 per barrel, while gold rose by $3.30 or 0.17 per cent, to $1,957.70 per ounce.
Other Asian indices were mixed:
Japan’s Nikkei Index closed at 27,055.94, down 102.69 points or 0.38 per cent.
China’s Shang Hai SE Composite Index closed at 3,550.88, up 22.20 points or 0.63 per cent, while Shenzhen SE Component Index closed at 15,187.61, up 40.04 points or 0.26 per cent.
Hong Kong's Hang Seng Index closed at 27,692.30, up 42.44 points or 0.15 per cent.
South Korea's KOSPI Index closed at 2,968.21, down 22.36 points or 0.75 per cent.
Taiwan's TAIEX Index closed at 14,983.13, down 16.90 points or 0.11 per cent.