Thursday, August 05, 2021

business

SET up 1.45% as US poised to inject $1.9tn into economy


The Stock Exchange of Thailand (SET) Index closed at 1,573.05 on Wednesday, up 22.46 points or 1.45 per cent. Total transactions amounted to Bt107.92 billion with an index high of 1,573.55 and a low of 1,550.45.

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In the morning session, a Krungsri Securities analyst expected the day’s index to fluctuate between 1,540 and 1,560 points amid US progress to pass a $1.9-trillion relief package, plus a decline in the US bond yield.

He also predicted that a falling oil price and volatility in foreign fund inflows could pressure the index.

The 10 stocks with the highest trade value today were CPALL, OR, PTT, KBANK, AOT, SCGP, BBL, ADVANC, IVL and EA.

As of 4.30pm, the oil price rose by $0.21 or 0.33 per cent to $64.22 per barrel, while the gold price dropped by $4.50 or 0.26 per cent to $1,712.40.

Other Asian indices were mixed:

Japan’s Nikkei Index closed at 29,036.56, up 8.62 points or 0.03 per cent.

China’s Shang Hai SE Composite Index closed at 3,357.74, down 1.55 points or 0.046 per cent, while the Shenzhen SE Component Index closed at 13,563.34, up 87.62 points or 0.65 per cent.

Hong Kong's Hang Seng Index closed at 28,907.52, up 134.29 points or 0.47 per cent.

South Korea's KOSPI closed at 2,958.12, down 18.00 points or 0.60 per cent.

Taiwan's TAIEX closed at 15,911.67, up 58.58 points or 0.37 per cent.

Published : March 10, 2021

By : The Nation