Tuesday, September 22, 2009

SET50 KEEPS PACE WITH WORLD

       The stock Exchange of Thailand 50 Index last week edged up 2.65 points, or 0.52 per cent, to 510.85 points, while the SET 50 Index futures, with S50U09, with the nearest maturity expiring at the end of this month, rose 2.90 points, or 0.57 per cent, to 511.6 points.
       Stock markets around the world last week increased from the previous week. The Dow Jones Industrial Average set the year's record to close at 9,791.71 points on the back of the higher production figure in August,an increase for two straight months, the three-year high of US retail sales, and fed Reserve Chairman Ben Bernanke's speech that the recession is likely over.
       The positive factors enhanced investors' confidence.
       The SET index last week also climbed up from the previous week. Energy stocks were the most active. Some investors, however, stayed on the sideline in latje last week to see the outcome of the red-shirt rally stagfed on Saturday.
       Average dailfutures trading was 10,652 contracts, down by 3,413. Open interest contracts as of last Thursday numbered 53,693, up 2,496 from the previous week.
       Total weekly futures trading contracts numbered 53,259 worth a combined Bt25.21 billion, Of these, 42,625 were for SET 50 Index futures, 3,710 were for single-stock futures, 4,324 were for gold futures and 2,600 were for SET 50 Index options.

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