Thai stocks are expected to start rising on Tuesday
(RTTNews) – Thailand’s stock market fell again on Monday, one session after snapping a 2-day swing that saw it stumble nearly 30 aspects, or 2.2 percent. The Thai stock market is now properly below the 1,355-point plateau and could receive Tuesday’s extended improvement. The international outlook for Asian markets is mixed, with gains in oil companies appearing to be offset by a weak spot in ability stocks. Confidence in European markets fell, while US stocks rose sharply, with Asian markets opting to split the difference. The SET fell sharply on Monday after losses in the installments, persons, assets, carriers and ability sectors, while financial data improved. On the day, the index fell 13.65 aspects or 1.00pc to settle at 1354.34 after buying and selling between 1349.02 and 1362.14. The volume was 9.462 billion shares worth 43.022 billion baht. 342 stocks declined and 146 gained, while 178 stocks ended unchanged. Among the many actives, Stepped forward Recordsdata fell 0.35pc, Thailand Airport plunged 3.00pc, Asset World fell 3.66pc, Banpu jumped 4.81pc, Bangkok Financial institution jumped 1.64pc, Bangkok Dusit Clinical gained 0.84pc, Bangkok Throughway lost 2.14pc, B. Grimm declined 1.16pc, BTS Neighborhood received 1.69pc, CP All Public fell 1.80pc, Charoen Pokphand Meals retreated 1.36pc, Vitality Absolute cratered 10pc, Gulf shed 0.85pc, Kasikornbank strengthened 1.57pc, Krung Thai Financial institution reassuring 1.38pc, Krung Thai Card down 0.99pc, PTT Exploration and Production up 2.01 pc, PTT Worldwide Chemical sank 0.87 pc, SCG Packaging climbed 1.13 pc, Siam Industrial Financial Institution improved 1.68 pc, Siam Concrete fell 1.62 pc, Thai Oil was advanced 2.00pc, Lovely Company fell 1.79pc, TTB Financial Institution strengthened 2.22pc, and PTT Oil & Retail and PTT believed to remain unchanged.
The Wall Avenue advantage is mixed to increased as the major averages opened on opposite sides of the unchanged line on Monday and closed within related components.
The Dow rose 359.95 points, or 0.86 percent, to 42,298.40, while the NASDAQ fell 74.01 points, or 0.39 percent, to 19,087.62 and the S&P 500 rose 8.27 points, or 0. .14 percent on the total value. 5,835.31.
Weakness in the tech sector weighed on Wall Avenue early in the session, with AI darling and market leader Nvidia (NVDA) down a whopping 4.7 percent.
Ongoing issues surrounding the interest rate outlook also weighed on sentiment after last Friday’s stronger-than-expected monthly jobs report.
Fueling tensions eased during the buying and selling session, prompting some traders to pick up stocks in short periods as the S&P 500 bounced back from its lowest intraday level in more than two months.
Oil prices rose sharply to a 5-month high on Monday on likely supply risks after the US imposed sweeping sanctions on Russian oil exports, while a stronger price weighed. West Texas Intermediate crude for February futures was up $2.25, or nearly 3 percent, at $78.82 a barrel.
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