SET rises on positive news of US short-term debt ceiling extension
The Stock Exchange of Thailand (SET) Index closed at 1,633.72 on Thursday, up 14.24 points or 0.88 per cent. Transactions totalled 100.94 billion baht with an index high of 1,637.82 and a low of 1,624.59.
The index rose after falling by 0.29 per cent on Wednesday.
In the morning session, Krungsri Securities predicted the day's index would fluctuate between 1,610 and 1,630 points despite positive news of the US would extend a debt limit until December.
It added that the index also gained positive sentiment from hopes over the country reopening after domestic Covid-19 cases have declined.
However, the volatility in fund flow and falling oil price after the US oil storage had risen beyond expectation would pressure the index," Krungsri Securities said.
Related stories:
- SET expected to fluctuate due to fund flow volatility, falling oil price
- Baht strengthens as investors eye Thai stocks
- Gold up in morning trade
The 10 stocks with the highest trade value today were KBANK, BANPU, SVT, TRUE, SCB, PTT, BBL, PTTEP, GUNKUL and GULF.
Other Asian indices were on the rise:
Japan's Nikkei Index closed at 27,678.21, up 149.34 points or 0.54 per cent.
Hong Kong's Hang Seng Index closed at 24,701.73, up 735.24 points or 3.07 per cent.
South Korea's KOSPI Index closed at 2,959.46, up 51.15 points or 1.76 per cent.
Taiwan's TAIEX Index closed at 16,713.86, up 320.70 points or 1.96 per cent.
China's Shanghai SE Composite and Shenzhen SE Component Indices were closed for National Day.
