On January 8, 2025, the market closed with the SET index at 1,387.72, down by 3.16 points. The total trading value reached 39,006.62 million Baht. Notable stocks included DELTA (+1.64%), ADVANC (+1.07%), and INTUCH (+1.57%). Foreign investors showed a net buy of 2,401.13 million Baht, while individual investors net sold 2,739.13 million Baht.
Key Points
- Market Overview (as of 08 Jan 2025):
- The SET index closed at 1,387.72, a decrease of 3.16 points with a trading volume of 8,008,950,000 shares valued at 35,326.19 million Baht.
- Other index changes include SET50 down 0.70, SET50FF down 2.73, and SETHD increased by 0.94 points.
- The SETTRI index saw a rise of 136.89 points as of 07 Jan 2025.
- Trading Summary (as of 07 Jan 2025):
- Accumulated total trading value was 39,006.62 million Baht.
- Institutional investors net bought 38.60 million Baht, while foreign investors net bought 2,401.13 million Baht.
- Individual investors net sold 2,739.13 million Baht, and proprietary investors net bought 299.40 million Baht.
- Top 5 Stocks:
- DELTA increased by 1.64% to 154.50 Baht, with a trading value of 1,719,740.75 Baht.
- GULF rose by 0.87%, ADVANC advanced by 1.07%, while KBANK fell by 0.31%.
- INTUCH climbed by 1.57%, indicating overall positive performance for select high-value stocks.
In Asia, markets experienced mixed results. Japan’s Nikkei 225 saw a slight uptick, buoyed by strong performances in the technology and consumer goods sectors. Japanese markets have been riding on the optimism around government stimulus measures and the Bank of Japan’s commitment to maintaining ultra-loose monetary policies. Meanwhile, China’s Shanghai Composite Index faced downward pressure as investors remained cautious about the country’s ongoing property sector troubles and regulatory unpredictability. Elsewhere, India’s Sensex index posted gains, driven largely by substantial foreign institutional investment and positive sentiment in its burgeoning tech industry.
Shifting focus to Europe, the regional markets exhibited resilience despite underlying economic challenges. The pan-European STOXX 600 index rose modestly, with gains observed in the healthcare and energy sectors. European investors are closely monitoring ongoing geopolitical tensions and their potential impacts on energy prices and supply chains. The European Central Bank’s recent decisions to hike interest rates have also played a part in influencing investor sentiment. The UK’s FTSE 100 showed stability with slight gains, albeit businesses are wary of inflationary pressures and labor market constraints post-Brexit.
Across the Atlantic, the United States markets displayed a continuation of volatility yet ended on a positive note. The Dow Jones Industrial Average, the S&P 500, and the NASDAQ Composite all registered growth, largely driven by strong corporate earnings reports and encouraging labor market data. However, concerns about rising interest rates and inflation linger as the Federal Reserve signals further tightening of monetary policy. The recent tech earnings season has brought mixed results, with some heavyweights surpassing expectations while others struggled, reflecting the broader uncertainties in the sector.
Commodity markets added another layer of complexity to the global financial landscape. Oil prices experienced a slight decline due to fears of reduced demand amidst slowing economic growth in major markets. Gold prices, on the other hand, edged higher as investors sought safe havens amidst stock market volatility and geopolitical uncertainties.
In the foreign exchange market, the U.S. dollar maintained its strength against a basket of major currencies, driven by expectations of continued interest rate increases by the Federal Reserve. Meanwhile, emerging market currencies faced headwinds due to the prospect of tighter global financial conditions.
Today’s global market landscape underscores the intricate interplay of economic indicators, policy decisions, and geopolitical developments. Investors remain vigilant, cognizant of the fluid and often unpredictable nature of global markets. As these dynamics evolve, the world will be closely watching the policies of central banks, geopolitical shifts, and economic indicators that shape the financial future.