Daily trade tops B100bn

The Stock Exchange of Thailand’s (SET) trading value surpassed 100 billion baht per day for the second consecutive month in January, boosted by investors’ confidence in global economic recovery, domestic Covid-19 control measures and stimulus packages.

Soraphol Tulayasathien, the regulator’s senior executive vice-president, said the SET Index closed at 1,466.98 points at the end of January, up 1.2% from the previous month.

This is higher than other regional exchanges’ average, with the MSCI Asean Index down 1.9%.

He said many sectors have performed better than the SET Index, such as agriculture and food, technology, financial, consumer and industrial.

In addition, the market capitalisation of the Market for Alternative Investment (MAI) rose by 5.9%, with the MAI Index rising continuously to close at 356.33 points, the highest level in 18 months.

The combined…