SET climbs more than 13 points amid Thai jab rollout
The Stock Exchange of Thailand (SET) Index closed at 1,626.27 on Wednesday, up 13.39 points or 0.83 per cent. Transactions totalled THB94.10 billion with an index high of 1,628.42 and a low of 1,617.83.
In the morning session, Krungsri Securities expected Wednesday’s index to fluctuate between 1,605 and 1,625 points amid the rising oil price and hopes for Thai economic recovery after mass vaccination commenced nationwide.
However, it said uncertainty over rising inflation and volatility in foreign fund flows would pressure the index.
“Investors should follow the US Consumer Price Index [CPI] for May, which will be announced on Thursday,” Krungsri Securities said, adding that the CPI is expected to rise by 4.7 per cent.
The 10 stocks with the highest trade value today were KBANK, EA , IVL, HANA, ADVANC, KCE, AOT, BBL, SCB and OR.
Other Asian indices were mixed:
Japan's Nikkei Index closed at 28,860.80, down 102.76 points or 0.35 per cent.
China's Shanghai SE Composite Index closed at 3,591.40, up 11.29 points or 0.32 per cent, while the Shenzhen SE Component Index closed at 14,718.40, up 1.42 points or 0.0096 per cent.
Hong Kong's Hang Seng Index closed at 28,742.63, down 38.75 points or 0.13 per cent.
South Korea's KOSPI closed at 3,216.18, down 31.65 points or 0.97 per cent.
Taiwan's TAIEX closed at 16,966.22, down 109.99 points or 0.64 per cent.
