SET loses 0.75% amid worries over Covid-19, foreign fund flows
The Stock Exchange of Thailand (SET) Index closed at 1,568.21 on Thursday, down 11.80 points or 0.75 per cent. The volume of total transactions was THB93.33 billion with an index high of 1,587.95 and a low of 1,564.83.
In the morning session, Krungsri Securities expected the day’s index to rise to a resistance level between 1,585 and 1,590 points in line with regional indices.
However, uncertainty over the surge of Covid-19 cases in Thailand, the falling oil price and possible outflow of foreign funds would pressure the index, it added.
The 10 stocks with the highest trade value today were SAWAD, KBANK, STA, SCC, SCB, STGT, ADVANC, BBL, PSL and AOT.
Other Asian indices were mixed:
Japan’s Nikkei Index closed at 29,188.17, up 679.62 points or 2.38 per cent.
China’s Shang Hai SE Composite Index closed at 3,465.11, down 7.82 points or 0.23 per cent, while Shenzhen SE Component Index closed at 14,209.44, up 58.30 points or 0.41 per cent.
Hong Kong's Hang Seng Index closed at 28,755.34, up 133.42 points or 0.47 per cent.
South Korea's KOSPI closed at 3,177.52, up 5.86 points or 0.18 per cent.
Taiwan's TAIEX Index closed at 17,096.97, down 105.14 points or 0.61 per cent.
