As of September 20, 2024, the market is closed with the SET index at 1,451.69, down 3.15 points. Trading volume reached 13,160,318 shares, totaling 67,537.63 million Baht. Notable performers include BANPU (+12.98%) and BDMS (+1.67%), while BBL decreased by 0.32%. Foreign investors showed a strong net buy position, contrasting with individual investor selling.
Key Points
- Market Overview (as of September 20, 2024)
- SET Index: 1,451.69 (down 3.15)
- Volume: 13,160,318 shares; Value: 67,537.63 million Baht
- Major Indices: SET50 (913.59, -4.15), SET100 (1,997.86, -6.59), sSET (871.16, +1.36)
- Trading Summary
- Total Trading Value: 67,537.63 million Baht
- Institutional Buying: 4,514.83 M.Baht; Selling: 3,900.40 M.Baht (Net: +614.43)
- Foreign Buyers: 38,172.68 M.Baht; Sellers: 36,773.36 M.Baht (Net: +1,399.32)
- Individual Investors: Buying 20,723.63 M.Baht; Selling 22,813.07 M.Baht (Net: -2,089.44)
- Top Performers
- BANPU: 7.40 (+12.98%), 3,891,133.34 Baht
- BDMS: 30.50 (+1.67%), 3,577,126.28 Baht
- PTTEP: 138.00 (0.00%), 2,739,487.25 Baht
- CPALL: 65.00 (+0.39%), 2,627,591.13 Baht
- BBL: 154.50 (-0.32%), 2,039,002.55 Baht
Global Market Roundup: Trends and Highlights
The global markets on 20 September 2024 presented a dynamic landscape with significant movements across various sectors. Here’s a comprehensive roundup of the day’s key trends and highlights:
Equities: The S&P 500 and Dow Jones indices hit fresh highs, buoyed by a 50 basis point rate cut from the Federal Reserve. This decisive action has fueled optimism for a “soft landing” of the US economy, with tech stocks particularly glowing in response.
Currencies: The risk-on sentiment weighed on the haven currency JPY ahead of the Bank of Japan’s policy announcement. Meanwhile, the dollar experienced choppy trading but ultimately slipped as traders grappled with the Fed’s substantial rate cut.
Commodities: Oil continued its rally, reaching a two-week high. This commodity surge aligns with broader energy sector gains, reflecting a robust demand outlook and geopolitical dynamics.
Fixed Income: The yield curve has continued to steepen, indicating a shift in investor expectations regarding future rate cuts. The Bank of England’s decision to keep rates unchanged at 5% with an 8-1 vote split underscores a cautious approach to policy easing.
Economic Data: Notable data points included China’s loan prime rates and Japan’s CPI inflation hitting a 10-month high in August. These figures are critical inputs for central banks’ policy decisions, with the Bank of Japan meeting being a focal point for investors.
Macro Events: The market’s attention was also on China’s PBoC LPR and the Quad Witching, which refers to the simultaneous expiration of stock index futures, stock index options, stock options, and single stock futures.
Corporate News: FedEx cut its full-year guidance after a significant fiscal Q1 earnings miss, while Nike named former executive Elliott Hill as CEO, signaling strategic shifts within these major corporations.
The global market roundup reflects a complex interplay of economic data, corporate developments, and central bank policies. Investors are navigating this intricate environment with a keen eye on macroeconomic indicators and geopolitical events that could influence market trajectories.
For a more detailed analysis and insights into the implications of these market movements, stay tuned to our comprehensive reports and updates.
This summary provides a snapshot of the global market trends and highlights on 20 September 2024, offering investors and stakeholders a quick overview of the day’s critical developments. For in-depth coverage and expert analysis, refer to the full articles and reports available on our platform.
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