Thai share prices closed flat on Friday as cautious investors sold stocks in a bout of short-term profit taking, dealers said. They said the Thai bourse fell slightly, in line with other regional markets such as Singapore and Hong Kong.
The Stock Exchange of Thailand (SET) composite index slipped 0.03 points to 845.40, and the blue chip SET 50 index slipped 0.67 points to 609.38. Gainers led losers 174 to 161 while 118 stocks were unchanged with 5.83 billion shares traded worth 21.11 billion baht (671.26 million dollars).
The Thai baht slightly slipped against the US dollar, closing at 31.42-45 from 31.41-43 on Thursday. The Thai unit appreciated against the euro, finishing at 49.98-50.05 from 50.14-18. "The market closed down slightly today as investors sold stocks to take short-term profit," said Adisak Kammool, head of the research department at KGI Securities.
"Trading was dense in energy and banking sectors," Adisak added. Thailand's biggest energy firm PTT rose 2.00 baht to 334.00 while its subsidiary PTT Exploration and Production remained unchanged at 166.00. Major energy firm Banpu fell 4.00 to 436.00. The kingdom's largest lender Bangkok Bank slipped 1.00 to 141.00 while Siam Commercial Bank was unchanged at 94.00.Thai Airways edged down 0.25 to 28.25.
Comments
Comments are closed.