Fu­tures Fo­cus

Bangkok Post - - BUSINESS -

The SET50 In­dex closed last week at 1,064.27 points, an in­crease of 18.01 points or 1.72% from the pre­vi­ous week. The most traded SET50 Fu­tures con­tract S50V17 (ex­pir­ing in Oc­to­ber 2017) was set­tled at 1 065.00 points, an in­crease of 20.9 points or 2% from the pre­vi­ous week.

The US stock mar­ket hit a fresh record as the Dow Jones In­dus­trial Av­er­age closed above 22,000 points for the first time in nearly a month, as Flor­ida was spared from the cat­a­strophic dam­age that many had fore­cast from Hur­ri­cane Irma. Even the launch of an­other North Korean mis­sile over Ja­panese ter­ri­tory on Fri­day ap­peared to have lit­tle im­pact on US in­vestor sen­ti­ment. The Dow closed up 65 points on Fri­day to fin­ish the week at 22,268.34, an in­crease of 2.1% from 21,797.79 the week be­fore. The S&P 500 closed above 2,500 for the first time and gained 1.6% on the week.

The Thai stock mar­ket con­tin­ued its up­ward mo­men­tum through­out the week as it moved to its high­est level in more than 23 years, driven by heavy for­eign fund flows over the past two weeks. The SET In­dex rose 1.43 points on Fri­day to fin­ish the week at 1,660.53, an in­crease of 1.5% from the week be­fore.

On the TFEX, daily av­er­age trad­ing vol­ume was 459,873 con­tracts, a de­crease of 934 con­tracts or 0.2% from the pre­vi­ous week. The most ac­tively traded prod­uct was Sin­gle Stock Fu­tures with 1,317,243 con­tracts, or 263,449 per day. To­tal mar­ket open in­ter­est was 2,475,826 con­tracts, an in­crease of 99,871 or 4.2% from the pre­vi­ous week.

Newspapers in English

Newspapers from Thailand

© PressReader. All rights reserved.