SET dips slightly as Asian stocks lose ground
The Stock Exchange of Thailand (SET) Index closed at 1,587.21 on Wednesday, down 2.32 points or 0.15 per cent. Total transactions amounted to Bt72 billion with an index high of 1,593.93 and a low of 1,585.58.
In the morning session, Krungsri Securities forecast the day’s index would fluctuate between 1,580 and 1,600 points despite hopes from a US infrastructure plan worth a massive $3 trillion (Bt93.6 trillion).
“The index would be under pressure due to the falling oil price and uncertainty over a rising US bond yield,” said the Krungsri Securities analyst.
The 10 stocks with the highest trade value today were PTT, EA, STGT, OSP, CPALL, OR, KBANK, RS, GPSC and CBG.
Other Asian indices were on the fall:
Japan’s Nikkei Index closed at 29,178.80, down 253.90 points or 0.86 per cent.
China’s Shang Hai SE Composite Index closed at 3,441.91, down 14.76 points or 0.43 per cent, while Shenzhen SE Component Index closed at 13,778.67, down 109.77 points or 0.79 per cent.
Hong Kong's Hang Seng Index closed at 28,378.35, down 199.15 points or 0.70 per cent.
South Korea's KOSPI closed at 3,061.42, down 8.58 points or 0.28 per cent.
Taiwan's TAIEX Index closed at 16,431.13, down 123.77 points or 0.75 per cent.
