SET falls almost 1%
The Stock Exchange of Thailand fell almost 1 per cent as investors were concerned about the domestic political situation, banks’ results, toxic dust, and a spreading China virus.
The SET closed at 1,574.94 today (January 21) – a decrease of 14.17 points, or 0.89 per cent, compared to the previous day.
The day’s trade volume was Bt76.61 billion, with an index high of 1,587.85 and a low of 1,573.26.
Krungsri Securities stock analysts predicted the SET Index would decrease due to investors delaying trading to watch for performance results of remaining banks in the fourth quarter of 2019, the Constitutional Court’s verdict on the Future Forward Party, which would affect the political situation, the coronary virus outbreak in China, and severe PM2.5 dust pollution in Bangkok, which could affect tourism.
Elsewhere in Asia, Japan’s Nikkei Index closed at 23,864.56, down 218.95 points, or 0.91 per cent; China’s Shanghai SE Composite Index ended the day at 3,052.14, down 43.65 points, or 1.41 per cent; Hong Kong’s Hang Seng closed at 27,985.33, down 810.58 points, or 2.81 per cent; South Korea’s Kospi ended at 2,239.69, down 22.95 points, or 1.01 per cent.