Sat, October 23, 2021

business

Thai stock market slides 0.73% as foreign flows decline


The Stock Exchange of Thailand (SET) Index closed at 1,535.98 on Thursday, down 11.33 points or 0.73 per cent. The volume of total transactions was Bt97.20 billion with an index high of 1,552.78 and a low of 1,533.52.

In the morning session, an analyst at Krungsri Securities expected the day’s index to fluctuate between 1,535 and 1,560 points as investors kept an eye on US President-elect Joe Biden’s stimulus proposals, the US political situation after the House of Representatives impeached President Donald Trump, and the announcement of banks’ 2020 turnover.

“Also, the decline in foreign fund flows will cause index volatility,” he said.

The 10 stocks with the highest trade value today were CPALL, TASCO, SCGP, PTT, EA, GPSC, PTTEP, CBG, DELTA and SCC.

As of 4.30pm, the price of oil rose by US$0.24 or 0.45 per cent to $52.67 per barrel, while gold rose by $12.90 or 0.70 per cent, to $1,842 per ounce.

Other Asian indices were mixed:

Japan’s Nikkei Index closed at 28,698.26, up 241.67 points or 0.85 per cent.

China’s Shang Hai SE Composite Index closed at 3,565.90, down 32.75 points or 0.91 per cent, while Shenzhen SE Component Index closed at 15,070.13, down 295.30 points or 1.92 per cent.

Hong Kong's Hang Seng Index closed at 28,496.86, up 261.26 points or 0.93 per cent.

South Korea's KOSPI Index closed at 3,149.93, up 1.64 points or 0.052 per cent.

Taiwan's TAIEX Index closed at 15,707.19, down 62.79 points or 0.40 per cent.

Published : January 14, 2021

By : The Nation