Wednesday, July 28, 2021

business

Thai stocks level off as investors await key US data


The Stock Exchange of Thailand (SET) Index closed at 1,625.27 on Thursday, down 1.00 point or 0.06 per cent. Transactions totalled THB105.96 billion with an index high of 1,636.22 and a low of 1,623.57.

In the morning session, Krungsri Securities forecast the SET Index on Thursday would fluctuate between 1,620 and 1,640 points amid hopes of a Thai economic recovery after mass vaccination commenced nationwide, and the US bond yield fell.

It also advised investors to follow the US Consumer Price Index for May as this would affect foreign fund flows, adding that the CPI is expected to rise by 4.7 per cent.

The 10 stocks with the highest trade value today were KBANK, TTA, RCL, BDMS, AOT, PTTGC, CPALL, EA, HANA and IVL.

Other Asian indices were mixed:

Japan's Nikkei Index closed at 28,958.56, up 97.76 points or 0.34 per cent.

China's Shanghai SE Composite Index closed at 3,610.86, up 19.46 points or 0.54 per cent, while the Shenzhen SE Component Index closed at 14,893.59, up 175.19 points or 1.19 per cent.

Hong Kong's Hang Seng Index closed at 28,738.88, down 3.75 points or 0.013 per cent.

South Korea's KOSPI closed at 3,224.64, up 8.46 points or 0.26 per cent.

Taiwan's TAIEX closed at 17,159.22, up 193.00 points or 1.14 per cent.

Published : June 10, 2021

By : The Nation