SET stays below 1,500 | Bangkok Post: business

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SET stays below 1,500

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The SET Index briefly climbed above the 1,500 mark on Friday but failed to stay there as investors took profits ahead of the Chinese New Year holiday. 

The Stock Exchange of Thailand Index fell 2.51 points, after rising as high as 1,509.57, to close at 1,497.30, down 0.1% from the previous Friday's close of 1,499.22. Turnover was 56.6 billion baht, with 13.39 billion shares traded.

The average trading value of four baht per share reflects a continuing trend toward speculation in penny stocks, which SET officials have warned against.

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