Thursday, July 29, 2021

business

SET falls for 3rd day in a row


The Stock Exchange of Thailand (SET) Index closed at 1,552.44 on Friday, down 2.10 points or 0.14 per cent. Total transactions amounted to THB80.93 billion with an index high of 1,560.51 and a low of 1,546.55, as the index fell for a third straight day.

In the morning session, Krungsri Securities forecast the SET Index on Friday would fluctuate between 1,545 and 1,565 points despite positive sentiment following a decline in US jobless claims.

It said the index would be under pressure due to uncertainty after the US Federal Reserve said it would be open “at some point” to discussing a scaling back of its massive bond purchases, or quantitative easing (QE).

"Also, the falling oil price will pressure energy shares," Krungsri Securities added.

The 10 stocks with the highest trade value today were SIRI, PTT, KBANK, IRPC, KTC, CPALL, SCC, SCGP, PTTEP and TTA.

Other Asian indices were mixed:

Japan's Nikkei Index closed at 28,317.83, up 219.58 points or 0.78 per cent.

China's Shanghai SE Composite Index closed at 3,486.56, down 20.39 points or 0.58 per cent, while the Shenzhen SE Component Index closed at 14,417.46, down 117.64 points or 0.81 per cent.

Hong Kong's Hang Seng Index closed at 28,458.44, up 8.15 points or 0.029 per cent.

South Korea's KOSPI closed at 3,156.42, down 5.86 points or 0.19 per cent.

Taiwan's TAIEX Index closed at 16,302.06, up 259.70 points or 1.62 per cent.

Published : May 21, 2021

By : The Nation