Thai stocks rebound 0.5% despite virus, protest turmoil
The Stock Exchange of Thailand (SET) Index closed at 1,551.87 on Wednesday, up 7.65 points or 0.50 per cent. Transactions totalled THB81.90 billion with an index high of 1,557.08 and a low of 1,545.33.
In the morning session, Krungsri Securities forecast the day’s index would fluctuate between 1,535 and 1,550 points amid signs of a technical rebound and mass buy-ups of shares that gained positive sentiment.
However, it said the index would be under pressure from a rise in Covid-19 cases both in Thailand and abroad as well as ongoing anti-government protests in the country.
The 10 stocks with the highest trade value today were PTT, BCH, GULF, KCE, MTC, AOT, SAWAD, KBANK, SCC and CPALL.
Other Asian indices were on the rise:
Japan's Nikkei Index closed at 27,585.91, up 161.44 points or 0.59 per cent.
China's Shanghai SE Composite Index closed at 3,485.29, up 38.31 points or 1.11 per cent, while the Shenzhen SE Component Index closed at 14,454.11, up 103.47 points or 0.72 per cent.
Hong Kong's Hang Seng Index closed at 25,867.01, up 121.14 points or 0.47 per cent.
South Korea's KOSPI Index closed at 3,158.93, up 15.84 points or 0.50 per cent.
Taiwan's TAIEX closed at 16,826.27, up 164.91 points or 0.99 per cent.
