Wednesday, July 28, 2021

business

SET edges down as virus surge saps foreign inflows


The Stock Exchange of Thailand (SET) Index closed at 1,551.85 on Monday, down 0.59 points or 0.04 per cent. The volume of total transactions was THB78.74 billion with an index high of 1,559.60 and a low of 1,547.14.

In the morning session, Krungsri Securities forecast the SET Index on Monday would fluctuate between 1,545 and 1,565 points despite hopes of economic recovery after manufacturing data for the US and Europe showed strong improvement.

It said the index would be under pressure due to the outflow of foreign funds, concern the US Federal Reserve may raise the interest rate, and Thailand's surge in Covid-19 cases.

The 10 stocks with the highest trade value today were KCE, KBANK, KTC, HANA, PTT, U, SCGP, BEC, CPALL and OR.

Other Asian indices were mixed:

Japan's Nikkei Index closed at 28,364.61, up 46.78 points or 0.17 per cent.

China's Shanghai SE Composite Index closed at 3,497.28, up 10.73 points or 0.31 per cent, while the Shenzhen SE Component Index closed at 14,506.61, up 89.15 points or 0.62 per cent.

Hong Kong's Hang Seng Index closed at 28,412.26, down 46.18 points or 0.16 per cent.

South Korea's KOSPI closed at 3,144.30, down 12.12 points or 0.38 per cent.

Taiwan's TAIEX Index closed at 16,338.29, up 36.23 points or 0.22 per cent.

Published : May 24, 2021

By : The Nation