Sat, October 23, 2021

business

Thai stocks level out amid record virus surge


The Stock Exchange of Thailand (SET) Index closed at 1,549.16 on Monday, down 0.32 points or 0.02 per cent. The volume of total transactions was THB98.56 billion with an index high of 1,554.08 and a low of 1,529.69.

In the morning session, Krungsri Securities forecast that the SET Index on Monday would fluctuate between 1,540 and 1,560 points despite hopes of global economic recovery after strong economic data from the US.

"The index will be under pressure due to uncertainty over rising inflation, outflow of foreign funds and Thailand's higher Covid-19 rate," Krungsri Securities said.

Monday saw Thailand log a record 9,635 new Covid-19 cases over the previous 24 hours.

The 10 stocks with the highest trade value today were SIRI, CBG, KBANK, TIDLOR, PTT, SCGP, SCC, STGT, CPF and CPALL.

Other Asian indices were mixed:

Japan's Nikkei Index closed at 27,824.83, down 259.64 points or 0.92 per cent.

China's Shanghai SE Composite Index closed at 3,517.62, up 27.24 points or 0.78 per cent, while the Shenzhen SE Component Index closed at 14,456.54, up 247.76 points or 1.74 per cent.

Hong Kong's Hang Seng Index closed at 28,194.09, up 166.52 points or 0.59 per cent.

South Korea's KOSPI Index closed at 3,134.52, down 18.80 points or 0.60 per cent.

Taiwan's TAIEX Index closed at 15,353.89, down 473.20 points or 2.99 per cent.

Published : May 17, 2021

By : The Nation