SET rebounds past 1,500 after four days of losses
The Stock Exchange of Thailand (SET) Index closed at 1,500.61 on Tuesday, up 22.47 points or 1.52 per cent. Total transactions amounted to Bt86.12 billion with an index high of 1,506.94 and a low of 1,486.18.
In the morning session, a Krungsri Securities analyst expected the day's index to fluctuate between 1,470 and 1,490 after a rise in US Treasury bond yield caused uncertainty over whether central banks would maintain stimulus measures.
"However, the rising oil price and mass buy-ups of [Thai] shares will help boost the SET," he said.
The 10 stocks with the highest trade value today were OR, STA, PTT, AOT, MINT, CPALL, KBANK, PTTEP, ADVANC and CPF.
As of 4.30pm, the price of oil rose by US$0.62 or 1 per cent to $62.32 per barrel, while gold dropped by $0.90 or 0.05 per cent to $1,807.50 per ounce.
Other Asian indices were mixed:
China’s Shang Hai SE Composite Index closed at 3,636.36, down 6.09 points or 0.17 per cent, while the Shenzhen SE Component Index closed at 15,243.25, down 93.70 points or 0.61 per cent.
Hong Kong's Hang Seng Index closed at 30,632.64, up 312.81 points or 1.03 per cent.
South Korea's KOSPI closed at 3,070.09, down 9.66 points or 0.31 per cent.
Taiwan's TAIEX Index closed at 16,443.40, up 33.24 points or 0.20 per cent.
Japan’s Nikkei Index was closed for the emperor's birthday.