SET closed at 1,340.63 down 11.93 with Total trading value 40,377.07 million Baht

The stock market closed with the SET index at 1,340.63 on 17 Jan 2025, down 11.93. Total trading value was 40,377.07 million Baht, with institutions buying more than they sold. Top stocks included DELTA at 138.50, unchanged, ADVANC down 2.07%, and GULF down 1.65%. Major indices like SET50 and SET100 also saw declines.

Key Points

• The market closed on 17 Jan 2025 at 17:08:32 with the SET index at 1,340.63, a decrease of 11.93 points, and a trading volume of 8,274,393,000 shares valued at 37,538.15 million Baht. Other indices include the SET50 at 875.76 and the SET100 at 1,880.67, both experiencing declines.
• Institutional investors bought 6,506.00 million Baht and sold 3,540.55 million Baht, resulting in a net positive of 2,965.45 million Baht. However, foreign and individual traders had net sales of -1,239.61 and -1,739.03 million Baht, respectively.
• Top traded stocks were DELTA stable at 138.50 with a value of 2,305,320.55 thousand Baht. Meanwhile, ADVANC dropped by 6.00 to 284.00, with CPALL slightly decreasing by 0.50, and KBANK and GULF also seeing minor declines.

As of today, the global markets are experiencing a period of cautious optimism amid a backdrop of mixed economic signals and geopolitical tensions. Key stock indices in the United States, Europe, and Asia showed modest gains, although market sentiment remains fragile due to several ongoing developments that could impact future growth trajectories.

In the United States, the Dow Jones Industrial Average and the S&P 500 both recorded slight increases, bolstered by tech and healthcare sectors that continue to demonstrate resilience. The Nasdaq Composite, noted for its high concentration of tech firms, saw modest gains as well, driven by strong earnings reports from major players like Microsoft and Amazon. These results indicate that while inflationary pressures and rising interest rates continue to loom, there is robust demand for technology and innovation.

Meanwhile, in Europe, major indices like the FTSE 100, DAX, and CAC 40 witnessed upward trends, largely reflecting improving consumer confidence and business activity. The European Central Bank’s recent decision to maintain interest rates has been seen as a stabilizing factor, giving the market a much-needed breather. However, concerns about energy prices and supply chain bottlenecks remain pertinent, particularly with ongoing conflicts and sanctions affecting resource availability.

Asian markets exhibited mixed reactions, with Japan’s Nikkei advancing moderately, buoyed by a weaker yen that benefits exporters. Yet, China’s markets faced volatility as regulatory crackdowns and property market fears persist. The Hang Seng Index in Hong Kong rose slightly, reflecting investor hopes for government interventions to stabilize the economy. Moreover, the ongoing artificial intelligence boom in the region’s tech sector remains a focal point of investment and innovation, further driving market dynamics.

In commodities, oil prices remain at elevated levels as supply constraints and geopolitical tensions, particularly surrounding Russia, continue to exert influence. Gold prices, traditionally a safe haven in turbulent times, have been relatively stable, indicative of the current market caution. Currency markets have also been active, with the US dollar maintaining strength amid global uncertainty, although it faces challenges from other currencies gaining ground due to varied monetary policies.

Looking ahead, investors are closely watching for cues from upcoming economic data releases, central bank policy meetings, and geopolitical developments that could alter market trajectories. The war in Ukraine, US-China trade relations, and the global response to climate change continue to present both risks and opportunities.

Despite these challenges, there is an underlying sentiment that the global economy can adapt, leveraging technology and innovation to navigate through uncertainties. The cautious optimism seen today suggests that while the road ahead may be fraught with obstacles, there is still potential for growth and resilience across global markets.