2023-01-25 01:30:06

Thai Stock Market May Spin Its Wheels On Wednesday

Logo RTTNews
RTTNews
By Rtt News Staff Writer

The Thai stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had picked up more than 7 points or 0.5 percent. The Stock Exchange of Thailand now rests just beneath the 1,685-point plateau and it's likely to remain in that neighborhood again on Wednesday.

The global forecast for the Asian markets is murky, with profit taking likely after recent gains - especially among the oil and technology companies. The European and U.S. markets were mixed and little changed and the Asian bourses are tipped to follow suit.

The SET finished barely lower on Tuesday following mixed performances from the financial shares and the energy producers.

For the day, the index eased 1.10 points or 0.07 percent to finish at 1,682.94 after trading between 1,682.58 and 1,693.97. Volume was 13.838 billion shares worth 56.587 billion baht. There were 866 decliners and 527 gainers, with 573 stocks finishing unchanged.

Among the actives, Advanced Info shed 0.50 percent, while Thailand Airport added 0.67 percent, Bangkok Bank collected 0.33 percent, Bangkok Dusit Medical retreated 1.67 percent, B. Grimm gained 0.60 percent, BTS Group climbed 1.16 percent, CP All Public improved 1.08 percent, Energy Absolute lost 0.56 percent, Gulf advanced 0.93 percent, Krung Thai Bank increased 0.56 percent, Krung Thai Card fell 0.44 percent, PTT Oil & Retail dropped 0.85 percent, PTT sank 0.74 percent, PTT Exploration and Production skidded 1.15 percent, PTT Global Chemical gathered 0.49 percent, SCG Packaging plummeted 3.17 percent, Siam Concrete declined 1.42 percent, Thai Oil perked 0.43 percent, True Corporation slumped 0.81 percent and TTB Bank, Asset World, Banpu, Bangkok Expressway, Charoen Pokphand Foods, Kasikornbank and Siam Commercial Bank were unchanged.

Continue read on rttnews.com

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-24 01:30:04
The Thai stock market bounced higher again on Monday, one session after snapping the two-day winning streak in which it had picked up more than 7 points or...

Logo Nasdaq
Business / FinanceBy Rtt News2023-01-25 01:00:06
(RTTNews) - The Indonesia stock market on Tuesday ended the two-day winning streak in which it had gathered almost 110 points or 1.8 percent. The Jakarta...

Logo Nasdaq
Business / FinanceBy Rtt News2023-01-24 23:30:06
(RTTNews) - Ahead of the long weekend for the Lunar New Year, the Malaysia stock market had ticked higher in two straight sessions, gathering almost 5 points...

Logo Nasdaq
Business / FinanceBy Rtt News2023-01-24 03:29:48
(RTTNews) - Asian stock markets are mostly higher in thin holiday trading on Tuesday, following the broadly positive cues from global markets overnight,...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-24 23:00:07
Ahead of the long weekend for the Lunar New Year, the South Korea stock market had moved higher in back-to-back sessions, collecting more than 25 points or 1...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-25 00:00:08
Ahead of the long weekend for the Lunar New Year, the Singapore stock market had alternated between positive and negative finishes through the last four...

Logo U.S. News & World Report
PoliticsBy Associated Press2023-01-24 06:27:47
BANGKOK (AP) Stocks were higher in Asia on Tuesday after a tech-led rally on Wall Street as investors bet the Federal Reserve will trim its rate hikes to...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-24 03:29:48
Asian stock markets are mostly higher in thin holiday trading on Tuesday, following the broadly positive cues from global markets overnight, boosted by...

Logo Nasdaq
Business / FinanceBy Rtt News2023-01-25 00:00:08
(RTTNews) - Ahead of the long weekend for the Lunar New Year, the Singapore stock market had alternated between positive and negative finishes through the...

Logo Nasdaq
Business / FinanceBy Rtt News2023-01-24 05:31:47
(RTTNews) - European stocks are likely to open higher on Tuesday as investors cheer an extended rally on Wall Street, fueled by surging technology stocks....

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-24 07:53:20
Asian stocks rose broadly on Tuesday after Wall Street stocks ended higher overnight for a second straight session, fueled by a surge in technology stocks....

Logo Nasdaq
Business / FinanceBy Rtt News2023-01-24 01:00:04
(RTTNews) - Ahead of Monday's holiday for the Lunar New Year, the Indonesia stock market had finished higher in two straight sessions, gathering almost 110...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-23 03:28:39
Asian stock markets are trading mostly higher in thin-holiday trading on Monday, following the broadly positive cues from global markets on Friday, with most...

Logo U.S. News & World Report
PoliticsBy Associated Press2023-01-23 03:46:45
BANGKOK (AP) Shares were higher in Asia on Monday, but most markets were closed for the Lunar New Year holiday, with markets in Shanghai shut for the whole...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-24 13:45:05
After moving sharply higher over the two previous sessions, stocks may give back ground in early trading on Tuesday. The major index futures are currently...

Logo Inquirer.net
Business / FinanceBy Philippine Daily Inquirer2023-01-24 18:04:00
Philippine stocks struggled on Tuesday as trading activity slowed and foreigners flipped from buying to selling, dragging the benchmark index lower. The...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-24 12:41:20
Trading on Tuesday may be impacted by reaction to the latest quarterly reports. In the pre-market session, healthcare major Johnson and Johnson reported 26...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-23 07:54:03
Asian stocks ended mostly higher in thin trade Monday, with markets in mainland China, Hong Kong, Singapore and Seoul closed for Lunar New Year celebrations....

Logo Nasdaq
Business / FinanceBy Rtt News2023-01-23 07:54:03
(RTTNews) - Asian stocks ended mostly higher in thin trade Monday, with markets in mainland China, Hong Kong, Singapore and Seoul closed for Lunar New Year...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-24 15:32:27
Stocks are seeing modest weakness in morning trading on Tuesday, giving back ground after moving sharply higher over the two previous sessions. Selling...