Thailand Stocks Reverse Five-Day Winning Streak

Composite Thailand SET Index Drops 0.8% to 1,524.29

Thailand’s stock market saw a decline on Thursday, putting an end to its five-day winning streak. The composite Thailand SET Index SET, -0.85% dropped by 0.8% to reach 1,524.29.

Biggest Declines

  • Bumrungrad Hospital pfd. BH.P, , a health care/life sciences firm, experienced the largest decline, with its stocks plummeting by 43.4%.
  • Thanulux TNL, +0.60%, a consumer goods company, also faced a significant decline of 4.8%.
  • Energy company PTT Global Chemical PTTGC, +0.65% saw its shares fall by 4.5%.

Biggest Leaders

  • Sky ICT SKY, +5.49%, a business/consumer services company, emerged as the biggest leader during the session, with its stocks rising by 6.0%.
  • Real estate/construction firm AP (Thailand) PCL AP, +0.86% showcased an increase of 3.4%.
  • AIRA Capital AIRA, , operating in the financial services space, ranked among the top three leaders on Thursday, with its shares adding 2.1%.

Southeast Asia Stock Market Overview

In other parts of Southeast Asia:

  • Singapore’s FTSE Straits Times Index STI, -0.11% witnessed a minor drop of 0.1%.
  • Malaysia’s FTSE Bursa Malaysia KLCI FBMKLCI, +0.26% experienced a positive incline of 0.3%.
  • The Philippines’ PSEi Index PSEI, +1.09% exhibited a significant increase of 1.1%.
  • Indonesia’s JSX Composite Index JAKIDX, +0.50% displayed a modest rise of 0.5%.

Asia-Pacific Region Summary

Across the Asia-Pacific region:

  • Hong Kong stocks experienced a decline, with the Hang Seng Index HSI, -0.13% down by 0.1% at 18,928.02.

  • Japanese companies faced a drop, as the NIKKEI 225 Index NIK, -1.23% fell by 1.2%.

  • Chinese companies also witnessed a decline, with the Shanghai Composite Index SHCOMP, -0.92% showing a decrease of 0.9%.

  • South Korea’s KOSPI Composite Index 180721, -0.31% declined by 0.3%.

  • Australian stocks remained flat, with the S&P/ASX 200 Benchmark Index XJO, +0.02%.

Currency Updates

Regarding the currency market:

  • The U.S. dollar USDTHB, -0.15% experienced a slight decline of 0.2%, valuing at 34.00 Thai baht.
  • The euro EURTHB, -0.06% also dropped marginally by 0.1%, reaching a value of 38.12 baht.
Total
0
Shares
Leave a Reply

Your email address will not be published.

Related Posts