BANGKOK, 4 July 2014 – The Stock Exchange of Thailand (SET) Index closed the week positive, at 1,495.83, and went up to 1,504.91 today, a record high for this year. The all time record breaking high was 1,639.49 back in May, 5, 2013, before a continuous three month long disheartening decline to 1,377.15, before it started gaining again. Analysts expected the SET Index to continue rising to 1,530 points before declining, but by already surpassing this point, analysts now project that many investors will play safe by selling off their stocks.
The Construction Services Sector gained the most percentage-wise today at 2.62 percent, or 3.43 points, closing at 134.54. The Food & Beverage sector gained 228.07 points, which was the biggest points gain, reaching 11,759.01, which represents a 1.98 percent increase.
Thailand’s SET Index overall went up 2.62 points, or 0.18 percent, with a 46.238 billion baht turnover.
The Bluechip SET50 Index closed at 1,003.64, up 0.65 points or 0.06 percent, accounting for 25.314 billion baht.
The MAI Index closed at 521.07, up 2.29 or 0.44 percent, accounting for 3.317 billion baht.