Stock Market – Larger Open Anticipated For Thai Stock Market
(RTTNews) – The Thai stock market has tracked greater in back-to-back classes, advancing virtually 15 factors or 1.1 p.c alongside the best way. The Stock Alternate of Thailand now sits simply above the 1,350-point plateau and it is received a agency lead once more for Tuesday’s commerce.
The worldwide forecast for the Asian markets is upbeat on encouraging information a few attainable Covid-19 vaccine. The European and U.S. markets have been firmly greater and the Asian bourses are additionally anticipated to open within the inexperienced.
The SET completed barely greater on Monday following combined performances from the monetary shares and vitality producers.
For the day, the index added 4.59 factors or 0.34 p.c to complete at 1,351.06 after buying and selling between 1,351.04 and 1,365.87. Quantity was 22.381 billion shares worth 78.504 billion baht. There have been 877 decliners and 773 gainers, with 435 stocks ending unchanged.
Among the many actives, Thailand Airport added 0.38 p.c, whereas Asset World dropped 0.98 p.c, Bangkok Bank collected 0.43 p.c, Bangkok Dusit Medical jumped 1.40 p.c, Bangkok Expressway climbed 1.09 p.c, BTS Group rallied 2.94 p.c, Charoen Pokphand Meals gained 0.91 p.c, Gulf plunged 2.80 p.c, IRPC accelerated 2.34 p.c, Kasikornbank improved 0.53 p.c, Minor Worldwide surged 4.31 p.c, PTT Exploration and Manufacturing perked 1.39 p.c, PTT International Chemical sank 0.99 p.c, Siam Industrial Bank fell 0.30 p.c, Siam Concrete shed 0.83 p.c and TMB Bank, PTT, Superior Data and Krung Thai Bank have been unchanged.
The lead from Wall Street is optimistic as opened greater on Monday and remained within the inexperienced all through the session, extending Friday’s beneficial properties.
The Dow surged 470.63 factors or 1.60 p.c to complete at 29,950.44, whereas the NASDAQ jumped 94.84 factors or 0.80 p.c to finish at 11,924.13 and the S&P 500 added 41.76 factors or 1.16 p.c to shut at 3,626.91.
The power on Wall Street adopted extra upbeat information on the coronavirus vaccine entrance, with Moderna (MRNA) reporting optimistic outcomes from a trial of its vaccine candidate that confirmed an efficacy of 94.5 p.c.
In financial information, the Federal Reserve Bank of New York mentioned New York manufacturing exercise unexpectedly expanded at a slower fee in November.
Crude oil costs surged greater Monday because of encouraging experiences on Covid-19 vaccine and an improved vitality demand outlook. West Texas Intermediate Crude oil futures for December ended up $1.21 or Three p.c at $41.34 a barrel.
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.
Tag: Stock Market