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Thai stocks nudge up as mass vaccination begins
The Stock Exchange of Thailand (SET) Index closed at 1,612.59 on Monday, up 1.06 points or 0.07 per cent. Transactions totalled THB88.49 billion with an index high of 1,625.56 and a low of 1,611.78.
In the morning session, Krungsri Securities expected the index to rise to between 1,620 and 1,625 points on hopes of economic recovery as mass Covid-19 vaccinations gather strength worldwide and the price of oil continues to rise. Mass vaccination launched in Thailand on Monday.
However, it predicted that uncertainty over inflation and volatility in foreign fund flows would pressure the index.
The 10 stocks with the highest trade value today were KBANK, PTT, OR, BANPU, SCB, 7UP, STGT, ORI, CPF and GUNKUL.
Other Asian indices were mixed:
Japan’s Nikkei Index closed at 29,019.24, up 77.72 points or 0.27 per cent.
China’s Shanghai SE Composite Index closed at 3,599.54, up 7.70 points or 0.21 per cent, while the Shenzhen SE Component Index closed at 14,862.60, down 8.31 points or 0.056 per cent.
Hong Kong’s Hang Seng Index closed at 28,787.28, down 130.82 points or 0.45 per cent.
South Korea’s KOSPI closed at 3,252.12, up 12.04 points or 0.37 per cent.
Taiwan’s TAIEX closed at 17,083.91, down 63.50 points or 0.37 per cent.
Published : June 07, 2021
By : The Nation