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SET extends gains with high trade volume of Bt117bn
EconNov 11. 2020
By The Nation
The Stock Exchange of Thailand (SET) Index closed at 1,345.34 on Wednesday, up 4.10 points or 0.31 per cent. Total transactions amounted to Bt117.15 billion with an index high of 1,356.83 and a low of 1,331.39.
In the morning session, an analyst at Krungsri Securities expected the day’s index to rise to between 1,350 and 1,360 points over positive news of Covid-19 vaccine development, hopes for global trade recovery and the rising oil price.
“However, investors should beware of market volatility from signs of overbought stocks,” he said.
The 10 stocks with the highest trade value today were KBANK, AOT, PTT, STGT, CPALL, MINT, BBL, SCB, GPSC, and SCC.
As of 4.30pm, the price of oil rose by US$1.09 or 2.64 per cent to $42.45 per barrel, while gold dropped by $1.40 or 0.07 per cent, to $1,875 per ounce.
Other Asian indices were mixed:
Japan’s Nikkei Index closed at 25,349.60, up 444.01 points or 1.78 per cent.
China’s Shang Hai SE Composite Index closed at 3,342.20, down 17.95 points or 0.53 per cent, while the Shenzhen SE Component Index closed at 13,720.17, down 273.16 points or 1.95 per cent.
Hong Kong’s Hang Seng Index closed at 26,226.98, down 74.50 points or 0.28 per cent.
South Korea’s KOSPI Index closed at 2,485.87, up 33.04 points or 1.35 per cent.
Taiwan’s TAIEX Index closed at 13,262.19, up 180.47 points or 1.38 per cent.
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