Monday, August 02, 2021

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SET down 1.46% amid concern over Covid, protests


The Stock Exchange of Thailand (SET) Index closed at 1,556.56 on Wednesday, down 23.10 points or 1.46 per cent. The volume of total transactions was Bt107.77 billion with an index high of 1,570.69 and a low of 1,555.57.

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In the morning session, Krungsri Securities forecast the day’s index would fall to between 1,570 and 1,575 points despite hopes of global economic recovery amid strong data from the United States and China, plus the US’s $2.26-trillion (Bt70.7 trillion) infrastructure plan.

The index would come under pressure from uncertainty over the new wave of Covid-19 and pro-democracy protests in Thailand, said Krungsri Securities.

The 10 stocks with the highest trade value today were STGT, DELTA, STA, STARK, PTT, CPALL, AOT, COM7, KBANK and OR.

Other Asian indices were mixed:

Japan’s Nikkei Index closed at 29,730.79, up 34.16 points or 0.12 per cent.

China’s Shang Hai SE Composite Index closed at 3,479.63, down 3.34 points or 0.096 per cent, while Shenzhen SE Component Index closed at 13,979.31, down 104.03 points or 0.74 per cent.

Hong Kong's Hang Seng Index closed at 28,674.80, down 263.94 points or 0.91 per cent.

South Korea's KOSPI Index closed at 3,137.41, up 10.33 points or 0.33 per cent.

Taiwan's TAIEX closed at 16,815.36, up 75.49 points or 0.45 per cent.

Published : April 07, 2021

By : The Nation