SET dives 38.04 points at opening

Thai stocks opened down 2.50% at the start of trade this morning.

The Stock Exchange of Thailand main index opened at 1,482.48 points, down 38.04 points from yesterday’s close. The trade value was 3.02 billion baht, with 1.83 billion shares traded.

The SET50 index opened at 982.66 points, down 22.01 points, or 2.19%, with a total trade value of 1.58 billion baht.

The SET100 index fell 54.12 points, or 2.41%, to 2,189.39 points, with a total turnover of 2.11 billion baht.

The SETHD index went down 24.62 points, or 1.98%, to 1,217.05 points, with a total turnover value of 497.86 million baht.

The MAI index dropped 20.71 points, or 4.50%, to stand at 439.84 points, with total transaction value of 141.27 million baht.

Top five most active values were as follows;

N-PARK            stood at                0.21 baht, down 0.02 baht (8.70%)
KBANK             stood at            198.50 baht, down 4.50 baht (2.22%)
BTS                  stood at                8.90 baht, down 0.25 baht (2.73%)
ADVANC (XD)  stood at             224.00 baht, down 6.00 baht (2.61%)
INTUCH (XD)   stood at              74.50 baht, down 3.00 baht (3.87%)

Other Asian stock markets also fell as worse-than-estimated United States economic data spurred concern about the pace of growth and as investors speculated the Bank of Japan will not meet forecasts for monetary policy expansion.

The MSCI Asia Pacific Index (MXAP) slid 0.9 %t to 133.70 as of 11.24am in Tokyo, with more than three shares falling for each that rose.

South Korea’s Kospi Index (KOSPI) retreated 1.9% as the risk of conflict with North Korea curbed demand for the country's assets.

About the author

Writer: Online Reporters and Bloomberg News Agency