Thai stocks least affected as Asian markets fall

Thai stocks least affected as Asian markets fall

By The Nation

The Stock Exchange of Thailand (SET) Index closed at 1,466.98 on Friday, down 1.53 points or 0.10 per cent. The volume of total transactions was Bt95.78 billion with an index high of 1,480.44 and a low of 1,455.55.

In the morning session, an analyst at Krungsri Securities expected the day’s index to fluctuate between 1,460 and 1,490 following a fall in the number of US jobless claims and mass buy-up of shares whose 2020 fourth-quarter results are expected to improve.

However, foreign investors’ net sales of about Bt10 billion over the past week would pressure the index, he said.

The 10 stocks with the highest trade value today were KBANK, PTT, EA, PTTEP, BBL, GPSC, SCB, CPALL, IRPC and IVL.

As of 4.30pm, the price of oil dropped by US$0.02 or 0.04 per cent to $52.32 per barrel, while gold rose by $11.40 or 0.62 per cent to $1,852.60 per ounce.

Other major Asian indices all saw bigger falls than the SET:

Japan’s Nikkei Index closed at 27,663.39, down 534.03 points or 1.89 per cent.

China’s Shang Hai SE Composite Index closed at 3,483.07, down 22.11 points or 0.63 per cent, while Shenzhen SE Component Index closed at 14,821.99, down 91.21 points or 0.61 per cent.

Hong Kong's Hang Seng Index closed at 28,283.71, down 267.06 points or 0.94 per cent.

South Korea's KOSPI Index closed at 2,976.21, down 92.84 points or 3.03 per cent.

Taiwan's TAIEX Index closed at 15,138.31, down 277.57 points or 1.80 per cent.

Source: https://www.nationthailand.com/business/30402000?utm_source=homepage&utm_medium=internal_referral