SET drops almost 1% despite US Covid injection, Fed boost #ศาสตร์เกษตรดินปุ๋ย

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

SET drops almost 1% despite US Covid injection, Fed boost

EconAug 31. 2020

By The Nation

The Stock Exchange of Thailand (SET) Index closed at 1,310.66 today (August 31), down 12.65 points or 0.96 per cent. Total transactions amounted to Bt54.005 billion with an index high of 1,333.30 and a low of 1,308.73.

In the morning session, an analyst at Krungsri Securities expected the index to rise to between 1,330 and 1,335 in response to news that US President Donald Trump will sign the US$1.3-trillion Covid-19 relief bill, before falling back.

“Meanwhile, the market gained positive sentiment from the Federal Reserve’s move [last Thursday] to change its approach to inflation to support the US economy,” the analyst said.

The 10 stocks with the highest trade value today were BAM, KBANK, SCC, MINT, PTT, CPALL, CPF, BBL, ADVANC and CRC.

As of 4.30pm, the price of oil rose by US$0.45 or 1.05 per cent to $43.42 per barrel, while gold fell by $6.10 or 0.31 per cent, to $1,968.80 per ounce.

Other Asian indices were mixed:

Japan’s Nikkei Index closed at 23,139.76, up 257.11 points or 1.12 per cent.

China’s Shang Hai SE Composite Index closed at 3,395.68, down 8.13 points or 0.24 per cent, while the Shenzhen SE Component Index closed at 13,758.23, down 93.10 points or 0.67 per cent.

Hong Kong’s Hang Seng Index closed at 25,177.05, down 245.01 points or 0.96 per cent.

South Korea’s KOSPI Index closed at 2,326.17, down 27.63 points or 1.17 per cent.

Taiwan’s TAIEX Index closed at 12,591.45, down 137.40 points or 1.08 per cent.

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