Thu, September 23, 2021

business

Thai stock market up 0.75%


The Stock Exchange of Thailand (SET) Index closed at 1,478.05 on Monday, up 11.07 points or 0.75 per cent. Total transactions amounted to Bt77.81 billion with an index high of 1,481.66 and a low of 1,456.45.

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In the morning session, an analyst at Krungsri Securities expected the day’s index to fall to 1,450-1,455 points after the US stock market dropped amid speculation in GameStop shares.

He said foreign funds are likely to continue flowing out of the SET due to the economic impact of the fresh Covid-19 outbreak.

"However, the index will rebound from mass buy-ups of shares of companies whose fourth-quarter turnover is expected to improve," he said.

The 10 stocks with the highest trade value today were PTT, KBANK, IVL, CBG, EA, PTTEP, BBL, BANPU, SCB and IRPC.

As of 4.30pm, the price of oil rose by US$0.36 or 0.69 per cent to $52.56 per barrel, while gold rose by $16.80 or 0.91 per cent to $1,867.10 per ounce.

Other Asian indices were on the rise:

Japan’s Nikkei Index closed at 28,091.05, up 427.66 points or 1.55 per cent.

China’s Shang Hai SE Composite Index closed at 3,505.28, up 22.21 points or 0.64 per cent, while Shenzhen SE Component Index closed at 15,024.24, up 202.25 points or 1.36 per cent.

Hong Kong's Hang Seng Index closed at 28,892.86, up 609.15 points or 2.15 per cent.

South Korea's KOSPI Index closed at 3,056.53, up 80.32 points or 2.70 per cent.

Taiwan's TAIEX Index closed at 15,410.09, up 271.78 points or 1.80 per cent.

Published : February 01, 2021

By : The Nation