Thai stocks nudge up amid signs of US recovery
The Stock Exchange of Thailand (SET) Index closed at 1,574.86 on Friday, up 3.82 points or 0.24 per cent. Total transactions amounted to Bt74 billion with an index high of 1,580.74 and a low of 1,566.89.
In the morning session, Krungsri Securities expected the day’s index to fluctuate between 1,560 and 1,580 despite positive sentiment from US figures showing jobless claims had fallen to their lowest level during the Covid-19 pandemic.
Krungsri Securities said the falling oil price amid uncertainty over a new wave of Covid-19 in Europe and India, plus volatility in fund flows, would pressure the index.
The 10 stocks with the highest trade value today were ACE, OR, BANPU, AOT, HANA, STA, KTC, DELTA, ADVANC and TRUE.
Other Asian indices were on the rise:
Japan’s Nikkei Index closed at 29,176.70, up 446.82 points or 1.56 per cent.
China’s Shang Hai SE Composite Index closed at 3,418.33, up 54.74 points or 1.63 per cent, while Shenzhen SE Component Index closed at 13,769.68, up 348.52 points or 2.60 per cent.
Hong Kong's Hang Seng Index closed at 28,336.43, up 436.82 points or 1.57 per cent.
South Korea's KOSPI closed at 3,041.01, up 32.68 points or 1.09 per cent.
Taiwan's TAIEX Index closed at 16,305.88, up 245.74 points or 1.53 per cent.
