SET shrugs off Covid outbreak to gain 0.48%
The Stock Exchange of Thailand (SET) Index closed at 1,566.34 on Friday, up 7.51 points or 0.48 per cent. The volume of total transactions was Bt82 billion with an index high of 1,572.13 and a low of 1,561.76.
In the morning session, Krungsri Securities forecast that day’s SET would fluctuate between 1,550 and 1,570 points despite falling US Treasury bond yield and expectations the US Federal Reserve would maintain a low interest rate after a jump in US jobless claims.
"Uncertainty over Thailand's new wave of Covid-19 is expected to continue to pressure the index," said Krungsri Securities.
The 10 stocks with the highest trade value today were SCC, BDMS, STGT, DELTA, PTT, BCH, SAWAD, COM7, OR and HANA.
Other Asian indices were mixed:
Japan’s Nikkei Index closed at 29,768.06, up 59.08 points or 0.20 per cent.
China’s Shang Hai SE Composite Index closed at 3,450.68, down 31.88 points or 0.92 per cent, while Shenzhen SE Component Index closed at 13,813.31, down 176.63 points or 1.26 per cent.
Hong Kong's Hang Seng Index closed at 28,698.80, down 309.27 points or 1.07 per cent.
South Korea's KOSPI Index closed at 3,131.88, down 11.38 points or 0.36 per cent.
Taiwan's TAIEX Index closed at 16,854.10, down 72.34 points or 0.43 per cent.
