Mon, October 25, 2021

in-focus

Thai stock market down slightly but inflows from US stimulus expected


The Stock Exchange of Thailand (SET) Index closed at 1,513.98 on Thursday, down 1.74 points or 0.11 per cent. Total transactions amounted to Bt91.98 billion with an index high of 1,529.27 and a low of 1,510.80.

 

In the morning session, Krungsri Securities forecast the SET would move between 1,510 and 1,530 points, supported by investors’ expectation of massive economic stimulus from new US President Joe Biden’s $1.9-trillion “American rescue plan”.

 

The 10 stocks with the highest trade value today were KBANK, CBG, BBL, PTT, KTC, SCGP, GPSC, CPALL, SCB and HANA.

 

As of 4.40pm, the price of oil was up to US$0.42 or 0.79 per cent to $52.89 per barrel, while gold rose by $3.30 or 0.18 per cent to $1,869.80 per ounce.

 

Japan’s Nikkei Index closed at 28,756.86, up 233.60 points or 0.82 per cent.

 

China’s Shang Hai SE Composite Index closed at 3,621.26, up 38.17 points or 1.07 per cent, while Shenzhen SE Component Index closed at 15,520.60, up 297.24 points or 1.95 per cent.

 

Hong Kong's Hang Seng Index closed at 29,927.76, down 34.17 points or 0.12 per cent.

 

South Korea's KOSPI Index closed at 3,160.84, up 46.29 points or 1.49 per cent.

 

Taiwan's TAIEX Index closed at 16,153.77, up 347.59 points or 2.20 per cent.

Published : January 21, 2021

By : THE NATION