SET closed at 1,379.85 down 20.36 points

On January 2, 2025, the market indices closed with SET at 1,379.85, down 20.36 points, and trading volume at 8,336,967,000 shares valued at 36,852.83 million baht. The SETTRI was at 10,516.08, down by 0.09%. DELTA, GULF, PTTEP, CPALL, and CCET were notable stocks, with DELTA declining 8.85% and PTTEP rising 4.62%.

Key Points

• As of 2nd January 2025, the stock market closed with notable declines across various indices. The SET Index fell by 20.36 points to 1,379.85, and the SET50 dropped by 14.51 points to 891.72. The SET100 and SET100FF indices also saw significant decreases, with the SET100 down by 30.26 points. Overall trading volume reached 8,336,967 (‘000 shares) with a trading value of 36,852.83 million Baht.
• Accumulated Trading Summary as of 30th December 2024 showed a total trading value of 31,842.20 million Baht. Institutional investors recorded a net buy of 930.25 million Baht, while proprietary trading had a net buy of 292.66 million Baht. The foreign investors recorded a net sell of 360.68 million Baht, with individual investors net selling 862.23 million Baht.
• The top five traded stocks included DELTA, with a significant drop of 8.85% to 139.00 Baht and a value of 6,237,707.95 (‘000 Baht). GULF decreased by 4.62% to 56.75 Baht. In contrast, PTTEP increased by 4.62% to 124.50 Baht. CPALL remained unchanged at 55.75 Baht, and CCET fell by 2.48% to 9.85 Baht.

Global Market Roundup: A Snapshot of Today’s Financial Landscape

As financial markets navigate through a complex web of geopolitical tensions, economic forecasts, and corporate earnings, today’s global market roundup offers insight into the state of various sectors and regions. Markets around the world continue to assess the implications of central bank policies, supply chain disruptions, and shifting consumer dynamics.

Equities: Major stock indices posted mixed results today as investors weighed corporate earnings against broader economic concerns. In the United States, the S&P 500 and the Dow Jones Industrial Average saw modest gains, buoyed by strong performances in the tech and healthcare sectors. However, concerns about inflation and potential interest rate hikes by the Federal Reserve have kept bullish sentiments in check. In Europe, the STOXX 600 witnessed a slight decline as energy and financial stocks faced downward pressure amid ongoing uncertainties surrounding the Eurozone economy.

Asia-Pacific Markets: Asian markets presented a diverse picture, with Japan‘s Nikkei 225 index rising on the back of a robust performance by export-oriented companies and a weaker yen boosting international competitiveness. Conversely, China‘s Shanghai Composite Index experienced a downturn as concerns over regulatory crackdowns and property market challenges persisted. The Hang Seng Index in Hong Kong also faced volatility, reflecting apprehensions about China‘s macroeconomic environment and its ripple effects on the region.

Currencies: In the foreign exchange arena, the U.S. dollar exhibited strength against a basket of major currencies, with the Dollar Index climbing. Investors continue to view the dollar as a safe-haven asset amid global uncertainties. The euro and British pound faced headwinds, partly due to economic data pointing towards slower-than-expected growth in their respective regions. Meanwhile, the Japanese yen weakened, influenced by dovish monetary policies from the Bank of Japan and pressures from rising commodity import costs.

Commodities: Commodity markets experienced fluctuations today, with oil prices being a focal point. Brent Crude and WTI prices edged upwards as supply concerns and geopolitical risks outweighed worries about a possible slowdown in global demand. In contrast, gold prices were relatively stable, finding some support from lingering inflationary fears and central bank policy directions. Agricultural commodities saw diverse movements, with grain prices particularly sensitive to weather forecasts and export activity.

Outlook: As markets move forward, investors are closely monitoring a range of factors that could influence future performance. Central bank policy shifts, especially regarding interest rates, will remain critical determinants of market sentiment. Furthermore, geopolitical events, trade policies, and corporate earnings releases are likely to contribute to ongoing volatility. In this intricate landscape, market participants are advised to stay informed and adaptable, balancing risk and opportunity in a world of rapid economic change.