Monday, July 26, 2021

business

SET jumps 1.68% as daily Covid caseload falls


The Stock Exchange of Thailand (SET) Index closed at 1,574.91 on Monday, up 25.95 points or 1.68 per cent. The volume of total transactions was Bt87.45 billion with an index high of 1,574.97 and a low of 1,552.91.

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In the morning session, Krungsri Securities forecast the day’s index would fluctuate between 1,540 and 1,560 points despite positive sentiment from the US Federal Reserve maintaining a low interest rate, and the falling US bond yield.

"However, uncertainty over the Covid-19 outbreak in Thailand after the number of cases rose by over 1,700 on Sunday will impact economic recovery and pressure the index," said Krungsri Securities.

The caseload fell today to 1,394, offering hope for investors that the latest outbreak is being effectively controlled.

The 10 stocks with the highest trade value today were INTUCH, DELTA, KBANK, SAWAD, CPF, GULF, COM7, ADVANC, SCB and SCGP.

Other Asian indices were on the rise:

Japan’s Nikkei Index closed at 29,685.37, up 2.00 points or 0.0067 per cent.

China’s Shang Hai SE Composite Index closed at 3,477.55, up 50.93 points or 1.49 per cent, while Shenzhen SE Component Index closed at 14,117.80, up 397.05 points or 2.89 per cent.

Hong Kong's Hang Seng Index closed at 29,106.15, up 136.44 points or 0.47 per cent.

South Korea's KOSPI closed at 3,198.84, up 0.22 points or 0.0069 per cent.

Taiwan's TAIEX Index closed at 17,263.28, up 104.47 points or 0.61 per cent.

Published : April 19, 2021

By : The Nation