FRIDAY, March 29, 2024
nationthailand

SET gains over 0.5% as US shows signs of recovery

SET gains over 0.5% as US shows signs of recovery

The Stock Exchange of Thailand (SET) Index closed at 1,583.89 on Monday, up 9.03 points or 0.57 per cent. Total transactions amounted to Bt71 billion with an index high of 1,592.47 and a low of 1,580.90.

In the morning session, Krungsri Securities expected the day's index to rise to between 1,580 and 1,585 points in response to the rise in the US consumer confidence index.

He said the index would gain positive sentiment from mass buy-ups of shares as window dressing before the end of the first quarter this year.

"However, the index will be under pressure due to rising US bond yield and volatility in fund flows," he said.

The 10 stocks with the highest trade value today were BANPU, CPALL, PTT, ACE, SCC, OR, BTS, AEONTS, VGI and PTTGC.

Other Asian indices were up with one exception:

Japan’s Nikkei Index closed at 29,384.52, up 207.82 points or 0.71 per cent.

China’s Shang Hai SE Composite Index closed at 3,435.30, up 16.97 points or 0.50 per cent, while Shenzhen SE Component Index closed at 13,771.26, up 1.58 points or 0.011 per cent.

Hong Kong's Hang Seng Index closed at 28,338.30, up 1.87 points or 0.0066 per cent.

Taiwan's TAIEX Index closed at 16,475.97, up 170.09 points or 1.04 per cent.

However, South Korea's KOSPI closed at 3,036.04, down 4.97 points or 0.16 per cent.

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