Win Streak May End For Thai Stock Market

(RTTNews) - The Thai stock market has tracked higher in consecutive trading days, advancing more than 35 points or 2.1 percent along the way. The Stock Exchange of Thailand now rests just above the 1,625-point plateau although it's tipped to open in the red on Wednesday.

The global forecast for the Asian markets is murky thanks to ambiguity regarding trade and interest rates. The European markets were slightly higher and the U.S. bourses were mixed and little changed and the Asian markets figure to see little movement as well.

The SET finished modestly higher on Tuesday following gains from the energy producers and a mixed performance from the financial shares.

For the day, the index added 4.62 points or 0.28 percent to finish at 1,626.87 after trading between 1,617.72 and 1,629.77. Volume was 19.667 billion shares worth 59.165 billion baht. There were 821 decliners and 718 gainers, with 452 stocks finishing unchanged.

Among the actives, Advanced Info added 0.43 percent, while Thailand Airport dropped 0.94 percent, Banpu jumped 1.71 percent, Bangkok Bank fell 0.28 percent, Bangkok Expressway advanced 0.93 percent, BTS Group gained 0.74 percent, Charoen Pokphand Foods soared 3.00 percent, Kasikornbank accelerated 2.46 percent, PTT perked 0.55 percent, PTT Exploration and Production climbed 1.22 percent, Siam Commercial Bank collected 1.30 percent, Siam Concrete rose 1.32 percent and TMB Bank, PTT Global Chemical, Krung Thai Bank, Asset World and Bangkok Dusit Medical all were unchanged.
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