The Thailand stock market experienced a drop on Monday, as the composite Thailand SET Index SET declined by 0.5% to reach a value of 1,420.76.
Declining Stocks
Several stocks witnessed a decline during the session. Digital Telecom Infr Fd DIF, an investing/securities firm, recorded the largest decline of 5.1%. Media/entertainment company One Enterprise ONEE followed closely, with their shares falling by 4.4%. The health care/life sciences company Thonburi Healthcare Group THG also faced a decline of 4.1%.
Leading Performers
Amidst the decline, there were a few companies that remained resilient. R&B Food Supply RBF emerged as the biggest leader during the session, gaining 3.6%. Financial services firm X Spring Capital XPG also performed well, adding 3.2% to their shares. Karmarts KAMART, which operates in a similar space, rounded out the top three leaders on Monday, with shares increasing by 3.0%.
Southeast Asia Market Overview
Looking at other parts of Southeast Asia, Singapore’s FTSE Straits Times Index STI increased by 0.1%, while Malaysia’s FTSE Bursa Malaysia KLCI FBMKLCI rose by 0.5%. On the other hand, the Philippines’ PSEi Index PSEI dropped by 0.3%, and Indonesia’s JSX Composite Index JAKIDX declined by 0.9%.
Asia-Pacific Market Overview
Moving on to the wider Asia-Pacific region, the Hang Seng Index HSI of Hong Kong companies witnessed a decline of 1.9%. Meanwhile, Japan’s Tokyo Stock Exchange was closed. China’s Shanghai Composite Index SHCOMP fell by 1.4%. South Korea’s KOSPI Composite Index 180721 also experienced a decline of 0.4%. Additionally, the S&P/ASX 200 Benchmark Index XJO of Australian stocks fell by 0.5%.
Currency Updates
In terms of currency, the U.S. dollar climbed by 1.1% to reach 35.08 Thai baht, while the Euro climbed by 0.9% to reach 38.31 baht.
