SET falls, ignores ending of curfew - News Summed Up

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SET falls, ignores ending of curfew


SET falls, ignores ending of curfewThe Stock Exchange of Thailand index plunges on Friday despite the decision to end the curfew from Monday. The Stock Exchange of Thailand (SET) index plunged by 14.21 points (1.02%) to 1,382.56 points in turnover of 85 billion baht at the close. Large-cap shares of SET-listed companies operating in the energy sector plunged considerably, with PTTGC shares falling 2.6%, followed by PTTEP (2.6%) and PTT (3.2%). For the SET index, there is still no significant driver to boost investors’ sentiment, while institutional investors may embark on equity sell-off to take profit, he said. The government’s announcement of the end of the enforced curfew on June 15 and the fourth phase of easing of lockdown measures did little to shore up confidence, said Mr Paradorn.


Source: Bangkok Post June 12, 2020 09:28 UTC



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