FRIDAY, March 29, 2024
nationthailand

SET up slightly as investors await US Fed announcement

SET up slightly as investors await US Fed announcement

The Stock Exchange of Thailand (SET) Index closed at 1,624.79 on Wednesday, up 2.48 points or 0.15 per cent. Transactions totalled THB90.47 billion with an index high of 1,631.23 and a low of 1,619.23.

In the morning session, Krungsri Securities expected today’s index to fluctuate between 1,615 and 1,635 points amid hopes of a Thai economic recovery after mass vaccinations commenced last week, and the rising oil price.

It forecast the index could also be pressured as investors monitor a key US Federal Reserve meeting on Wednesday amid uncertainty over rising inflation.

The 10 stocks with the highest trade value today were PTT, KTC, GUNKUL, PTTEP, KBANK, INTUCH, SCGP, IVL, PTTGC and OR.

Other Asian indices were on the fall except in South Korea:

Japan's Nikkei Index closed at 29,291.01, down 150.29 points or 0.51 per cent.

China's Shanghai SE Composite Index closed at 3,518.33, down 38.23 points or 1.07 per cent, while the Shenzhen SE Component Index closed at 14,295.93, down 377.41 points or 2.57 per cent.

Hong Kong's Hang Seng Index closed at 28,436.84, down 201.69 points or 0.70 per cent.

South Korea's KOSPI closed at 3,278.68, up 20.05 points or 0.62 per cent.

Taiwan's TAIEX closed at 17,307.86, down 63.43 points or 0.37 per cent.

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