SET down as trade chilled by Covid second wave #ศาสตร์เกษตรดินปุ๋ย

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

SET down as trade chilled by Covid second wave

Econ

Jun 24. 2020

By The Nation

The Stock Exchange of Thailand (SET) Index closed at 1,333.43 today (June 24), down 23.00 points or 1.70 per cent. Total transaction volume was Bt60.885 billion with an index high of 1,365.46 and a low of 1,333.32.

In the morning session, a stock analyst at Krungsri Securities expected the index to fluctuate between 1,350 and 1,365 due to uncertainty following the second wave of Covid-19.

“The market gained positive sentiment from hopes of an economic recovery after the US and European manufacturing and service Purchasing Managers’ indices for June rose to their highest in four months, at 46.8 and 4.75 respectively in response to lockdown easing,” he said.

“However, uncertainty over a second wave of Covid-19 as the number of new cases in the US continues to rise will drag down the index.”

The analyst advised investors to follow the central bank’s Monetary Policy Committee meeting today, which maintained the interest rate at 0.50 per cent.

The 10 stocks with the highest trade value today were KCE, KBANK, MINT, SCB, BBL, CPALL, ADVANC, PTT, BAM, and AOT.

As of 4.30pm, the price of crude oil dropped by US$0.81 or 2.01 per cent to $39.56 per barrel, while the gold price rose by $11.00 or 0.62 per cent, to $1,793.00 per ounce.

Changes in other Asian indices were as follows:

Japan’s Nikkei Index closed at 22,534.32, down 14.73 points, or 0.065 per cent.

China’s Shanghai SE Composite Index closed at 2,979.55, up 8.93 points, or 0.30 per cent, while the Shenzhen SE Component Index closed at 11,813.53, up 19.52 points, or 0.17 per cent.

Hong Kong’s Hang Seng Index closed at 24,781.58, down 125.76 points, or 0.50 per cent.

South Korea’s KOSPI Index closed at 2,161.51, up 30.27 points, or 1.42 per cent.

Taiwan’s TAIEX Index closed at 11,660.67, up 48.31 points, or 0.42 per cent.

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