Sun, October 17, 2021

business

SET buoyed by signs of US recovery


The Stock Exchange of Thailand (SET) Index closed at 1,585.03 on Friday, up 13.12 points or 0.83 per cent. Total transactions amounted to THB93.87 billion with an index high of 1,589.21 and a low of 1,577.19.

In the morning session, Krungsri Securities forecast the SET Index on Friday would fluctuate between 1,565 and 1,585 points amid the fall in US jobless claims, US stimulus measures and mass buy-ups of Thai shares whose first-quarter performance is likely to improve.

It added that US jobless claims had dropped to the lowest in a year.

"However, uncertainty over Thailand's higher Covid-19 cases and volatility in foreign fund flows would pressure the day's index," Krungsri Securities said.

The 10 stocks with the highest trade value today were DMT, DELTA, KBANK, PTTGC, SCC, IVL, CPALL, PTT, COTTO and COM7.

Other Asian indices were mixed:

Japan's Nikkei Index closed at 29,357.82, up 26.45 points or 0.090 per cent.

China's Shanghai SE Composite Index closed at 3,418.87, down 22.41 points or 0.65 per cent, while the Shenzhen SE Component Index closed at 13,933.81, down 276.79 points or 1.95 per cent.

Hong Kong's Hang Seng Index closed at 28,610.65, down 26.81 points or 0.094 per cent.

South Korea's KOSPI closed at 3,197.20, up 18.46 points or 0.58 per cent.

Taiwan's TAIEX Index closed at 17,285.00, up 290.64 points or 1.71 per cent.

Published : May 07, 2021

By : The Nation