In the morning session, an analyst at Krungsri Securities expected the day’s index to hover around 1,200 points in the absence of new positive economic factors.
“Existing factors include the Covid-19 situation and doubts over fresh economic stimulus in the US,” he said.
However, the analyst expected investors to focus on business turnovers in the third quarter of this year.
The 10 stocks with the highest trade value today were SCGP, STA, PTT, AOT, BBL, KBANK, STGT, NER, CPALL and MINT.
As of 4.30pm, the price of oil dropped by US$1.45 or 3.66 per cent to $38.12 per barrel, while gold fell by $8.20 or 0.43 per cent, to $1,903.70 per ounce.
Other Asian indices were mixed:
Japan’s Nikkei Index closed at 23,418.51, down 67.29 points or 0.29 per cent.
China’s Shang Hai SE Composite Index closed at 3,269.24, up 14.92 points or 0.46 per cent, while the Shenzhen SE Component Index closed at 13,388.10, up 118.45 points or 0.89 per cent.
Hong Kong’s Hang Seng Index closed at 24,708.80, down 78.39 points or 0.32 per cent.
South Korea’s KOSPI Index closed at 2,345.26, up 14.42 points or 0.62 per cent.
Taiwan’s TAIEX Index closed at 12,793.75, down 81.26 points or 0.63 per cent.
Source: The Nation Thailand