SET rise on vote for new premier
The Stock Exchange of Thailand (SET) rose 17.47 points to close at 1,637.69 yesterday, up 1.08 per cent from Monday, with a total trade value of Bt65.21 billion, mainly due to the vote for the next Thai prime minister today , said an analyst from Maybank Kim Eng Securities yesterday.
He added foreign investors showed a net buy of Bt5.82 billion, higher than other stock market in the region which closed lower yesterday.
For example, Hong Kong shares closed down, reversing early gains from bargain-hunting as fears persisted of a global slowdown sparked by the US-China trade war.
The Hang Seng Index fell 0.49 per cent, or 132.34 points, to 26,761.52.
The benchmark Shanghai Composite Index ended down 0.96 per cent, or 27.80 points, at 2,862.28, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 1.43 per cent, or 21.74 points, to close at 1,494.15 yesterday.
