Thai stocks rise on day of frenzied trading
The Stock Exchange of Thailand (SET) Index closed at 1,582.96 on Thursday, up 14.38 points or 0.92 per cent. Total transactions leapt to THB175.27 billion, from their normal level below THB100 billion, with an index high of 1,587.54 and a low of 1,568.89.
In the morning session, Krungsri Securities expected the day’s index to fluctuate between 1,550 and 1,580 points amid hopes of global economic recovery after an improvement in US economic data and the Federal Reserve’s assurance that it was able to deal with rising inflation.
The 10 stocks with the highest trade value today were KBANK, KTC, SCGP, PTT, CPALL, CBG, AOT, OR, BANPU and INTUCH respectively.
Other Asian indices dropped, except in mainland China:
Japan's Nikkei Index closed at 28,549.01, down 93.18 points or 0.33 per cent.
China's Shanghai SE Composite Index closed at 3,608.85, up 15.49 points or 0.43 per cent, while the Shenzhen SE Component Index closed at 14,897.19, up 103.51 points or 0.70 per cent.
Hong Kong's Hang Seng Index closed at 29,113.20, down 52.81 points or 0.18 per cent.
South Korea's KOSPI closed at 3,165.51, down 2.92 points or 0.092 per cent.
Taiwan's TAIEX Index closed at 16,601.61, down 42.08 points or 0.25 per cent.
