Tue, December 07, 2021

business

SET creeps up as investors eye key Fed meeting


The Stock Exchange of Thailand (SET) Index closed at 1,566.76 on Wednesday, up 2.73 points or 0.17 per cent. The volume of total transactions was Bt92.17 billion with an index high of 1,571.53 and a low of 1,559.22.

In the morning session, a Krungsri Securities analyst expected the day’s index to fall to 1,560 points due to a lack of positive sentiment.

He said uncertainty over inflation and some European countries’ suspension of AstraZeneca Covid-19 vaccinations could pressure the index.

“Meanwhile, investors would delay trading to await the outcome of a key US Federal Reserve meeting [on Wednesday],” he added.

The 10 stocks with the highest trade value today were OR, PTT, HANA, IRPC, KBANK, PTTGC, GUNKUL, PTTEP, CPALL and KCE.

Other Asian indices were mixed:

Japan’s Nikkei Index closed at 29,914.33, down 6.76 points or 0.023 per cent.

China’s Shang Hai SE Composite Index closed at 3,445.55, down 1.18 points or 0.034 per cent, while the Shenzhen SE Component Index closed at 13,809.77, up 166.81 or 1.22 per cent.

Hong Kong's Hang Seng Index closed at 29,034.12, up 6.43 points or 0.022 per cent.

South Korea's KOSPI closed at 3,047.50, down 19.67 points or 0.64 per cent.

Taiwan's TAIEX Index closed at 16,215.82, down 97.34 points or 0.60 per cent.

Published : March 17, 2021

By : The Nation