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business

Thai stocks hold up as Asian indices slide


The Stock Exchange of Thailand (SET) Index closed at 1,612.88 on Tuesday, up 0.29 points or 0.02 per cent. Transactions totalled THB100.25 billion with an index high of 1,618.70 and a low of 1,605.31.

In the morning session, Krungsri Securities expected Tuesday’s index to fluctuate between 1,605 and 1,625 points amid hopes of economic recovery as mass Covid-19 vaccination gathers strength worldwide and the price of oil continues to rise.

However, it added that uncertainty over inflation and volatility in foreign fund flows would pressure the index.

The 10 stocks with the highest trade value today were KBANK, IVL, BANPU, PTTGC, PTT, ADVANC, TTA, SCC, NER and OR.

Other Asian indices were on the slide:

Japan's Nikkei Index closed at 28,963.56, down 55.68 points or 0.19 per cent.

China's Shanghai SE Composite Index closed at 3,580.11, down 19.43 points or 0.54 per cent, while the Shenzhen SE Component Index closed at 14,716.98, down 145.62 points or 0.98 per cent.

Hong Kong's Hang Seng Index closed at 28,781.38, down 5.90 points or 0.020 per cent.

South Korea's KOSPI closed at 3,247.83, down 4.29 points or 0.13 per cent.

Taiwan's TAIEX closed at 17,076.21, down 7.70 points or 0.045 per cent.

Published : June 08, 2021

By : The Nation