# Market Roundup (January 23): The SET Index closed at 1,344.17

- Link: https://www.thailand-business-news.com/set/191141-market-roundup-january-23-the-set-index-closed-at-1344-17
- Published: 2025-01-23T20:30:57+07:00
- Author: Abhishek Prakash

As of January 23, 2025, the Thai stock market indices experienced declines, with
SET at 1,344.17 (-17.60) and SET50 at 877.57 (-13.14). Trading volume reached 6,831,511,000
shares, valued at 34,420.86 million Baht. Notable stocks included DELTA, KTB, ADVANC,
BBL, and PTT. Accumulated trading on January 22 showed a total value of 43,896.02
million Baht.

## Key Points

 * **Market Overview**
   The stock market closed with the latest update on 23 January
   2025 at 17:10:46. Key indices demonstrated losses, with SET at 1,344.17 down 
   by 17.60 points and SET50 at 877.57 down by 13.14 points. Trading volumes for
   SET were 6,831,511 thousand shares, equating to a value of 34,420.86 million 
   Baht.
 * **Indices Performance**
   Other index highlights include SET100 at 1,885.82, down
   by 27.64 points, and SETHD at 1,143.41, down by 19.38 points. The SETESG index
   closed at 829.93, declining by 12.69 points. SETTRI increased slightly by 0.68%
   to 10,228.18 as of 22 January 2025.
 * **Trading Summary & Top Stocks**
   The accumulated trading summary showed a total
   trading value of 43,896.02 million Baht as of 22 January 2025. Notable stocks
   included DELTA at 146.50 Baht, down by 0.34% with a trading value of 2,226,927
   thousand Baht, and KTB at 22.70 Baht, down by 1.30%, valued at 1,491,654.95 thousand
   Baht.

In the United States, equity markets opened with moderate gains, reflecting positive
sentiment spurred by a series of robust corporate earnings reports. Tech giants,
in particular, have led the rally, buoyed by better-than-expected Q3 earnings. This
strong performance underscores the resilience of the tech sector, even amid broader
economic uncertainties. Meanwhile, the Dow Jones Industrial Average and the S&P 
500 have shown modest increases as investors weigh the potential implications of
a pending Federal Reserve interest rate decision. With inflationary pressures a 
primary concern, the Fed’s upcoming guidance will be critical in shaping market 
trajectories.

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On the other side of the Atlantic, European markets have demonstrated mixed trends.
The FTSE 100 in London has edged higher, supported by gains in the energy sector
as oil prices continue to rise due to supply concerns and geopolitical tensions.
Conversely, Germany’s DAX has faced downward pressure, as industrials grapple with
supply chain disruptions exacerbated by ongoing geopolitical tensions in Eastern
Europe. The European Central Bank’s recent monetary policy meetings suggest a cautious
approach to interest rate adjustments, as it balances the need to curb inflation
while supporting economic growth.

Asia-Pacific markets have experienced varied movements. In Tokyo, the Nikkei 225
ended the day higher, driven by strong performances in the consumer goods and automotive
sectors. This comes amid easing concerns over supply chain hiccups and improved 
consumer spending forecasts. In contrast, Chinese markets have shown restraint as
regulatory pressures and concerns over the real estate sector’s stability continue
to weigh on investor sentiment. Despite these challenges, the Chinese government’s
recent emphasis on stabilizing economic growth provides a glimmer of hope for future
market recovery.

Currency markets are witnessing fluctuations, with the US dollar strengthening against
major currencies. This is largely attributed to investor anticipation of a potential
interest rate hike from the Federal Reserve. Conversely, the Euro has experienced
slight depreciation amid uncertainties surrounding the Eurozone’s economic recovery
pace.

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Commodities markets are showcasing upward momentum, with oil prices hitting new 
highs for the year. This surge is driven by tightened output and geopolitical tensions,
fueling concerns over a potential energy crisis. Gold, typically a safe-haven asset,
sees moderate gains as investors hedge against inflation and geopolitical risks.

In conclusion, today’s global markets reflect an intricate tapestry of economic,
political, and corporate influences. As investors navigate these multifaceted landscapes,
the focus remains on key indicators and policy decisions that will shape the future
trajectory of global markets.
