Thailand Shares Rise by 0.4%
Thailand shares experienced a positive day on Wednesday, as the all-company Thailand SET Index SET rose by 0.4% to reach 1,389.58.
Top Performers
During the session, SISB, a business/consumer services company, emerged as the biggest leader with a gain of 7.2%. Following closely behind was Cal-Comp Electronics, an industrial goods firm, which witnessed a 5.8% increase in its shares. X Spring Capital, operating in the financial services space, secured the third position among the top performers on Wednesday, with shares rising by 5.6%.
Declining Stocks
SCG Ceramics, a firm specializing in ceramics, experienced the largest decline, with shares plunging by 19.5%. Precious Shipping, a transportation/logistics company, also witnessed a decline of 4.2% in its shares. Thonburi Healthcare Group, a health care/life sciences company, saw a decline of 3.1%.
Southeast Asia Market Overview
In other parts of Southeast Asia, Singapore's FTSE Straits Times Index increased by 0.2%, while Malaysia's FTSE Bursa Malaysia KLCI fell by 0.3%. The Philippines' PSEi Index remained steady, while Indonesia's JSX Composite Index declined by 0.2%.
Asia-Pacific Region Highlights
Elsewhere in the Asia-Pacific region, Hong Kong stocks experienced growth, with the Hang Seng Index up by 0.8%. Japanese companies also made gains, as the NIKKEI 225 Index added 2.0%. Chinese companies, on the other hand, witnessed a slight dip in the Shanghai Composite Index, which dropped by 0.1%.
The KOSPI Composite Index of South Korean stocks remained flat, while Australian stocks experienced growth with the S&P/ASX 200 Benchmark Index adding 1.7%.
Currency Movements
On the currency front, the U.S. dollar fell by 0.3% against the Thai baht, reaching 35.13. Similarly, the euro declined by 0.3%, settling at 37.92 baht.
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