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(RTTNews) – The Thai inventory market on Monday wrote a end to the two-day successful streak by which it had superior virtually 20 factors or 1.2 p.c. The Inventory Alternate of Thailand now rests simply beneath the 1,635-point plateau and the losses might speed up on Tuesday.
The worldwide forecast for the Asian markets is murky, with rate of interest issues offset by assist from crude oil costs. The European markets have been largely increased and the U.S. bourses have been down and the Asian markets determine to separate the distinction.
The SET completed modestly decrease on Monday following losses from the monetary shares and a blended image from the vitality producers.
For the day, the index dipped 5.97 factors or 0.36 p.c to complete at 1,633.44 after buying and selling between 1,629.95 and 1,646.50. Quantity was 31.471 billion shares value 82.978 billion baht. There have been 1,185 decliners and 522 gainers, with 542 shares ending unchanged.
Among the many actives, Superior Information fell 0.26 p.c, whereas Bangkok Dusit Medical shed 0.45 p.c, Bangkok Expressway misplaced 0.55 p.c, BTS Group skidded 1.04 p.c, Charoen Pokphand Meals superior 0.98 p.c, Gulf tumbled 2.25 p.c, Kasikornbank retreated 1.07 p.c, Krung Thai Card slid 0.44 p.c, PTT Oil & Retail dropped 0.87 p.c, PTT perked 0.63 p.c, PTT Exploration and Manufacturing jumped 1.65 p.c, PTT International Chemical sank 0.38 p.c, SCG Packaging was down 0.41 p.c, Siam Industrial Financial institution declined 1.60 p.c, Siam Concrete surrendered 1.97 p.c, TTB Financial institution gave away 0.85 p.c and Thailand Airport, Bangkok Financial institution and Krung Thai Financial institution have been unchanged.
The lead from Wall Avenue is adverse as the main averages opened increased on Monday however pale because the day progressed and ended firmly within the purple.
The Dow dropped 250.19 factors or 0.72 p.c to complete at 34,496.06, whereas the NASDAQ sank 93.34 factors or 0.64 p.c to shut at 14,486.20 and the S&P 500 misplaced 30.15 factors or 0.69 p.c to finish at 4,361.19.
Lingering issues concerning the Federal Reserve scaling again its asset purchases weighed on Wall Avenue, as final Friday’s disappointing job report just isn’t seen as prone to dissuade the central financial institution from tapering.
Buying and selling exercise was considerably subdued, nonetheless, as some merchants remained away from their desks for Columbus Day, often known as Indigenous Peoples’ Day.
Crude oil futures spiked Monday with falling inventories, the OPEC choice to stay with a gradual manufacturing improve, and the continued vitality crunch supporting oil costs. West Texas Intermediate Crude oil futures for November rose $1.17 or 1.5 p.c to $80.52 a barrel.
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.
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