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Sunday, April 28, 2024

Planned talks buoy sentiment

People rush to sell gold at a gold shop on Yaowarat Road as the price remained high. Pornprom Satrabhaya

Thai stocks rebounded while oil and gold stalled as planned talks between Russia and Ukraine improved market opinion.

The SET Index closed at 1,647.08 points, up 3.44 points or 0.21% on Thursday, with a trading value of 100 billion baht.

Foreign funds began to reenter the Thai stock market after Russia sent a minister to peace talks with Ukraine and President Volodymyr Zelensky said he would no longer press Ukraine to join the North Atlantic Treaty Organization.

The prices of crude oil and gold fell sharply on Thursday, but inflation remained high, hampering a strong recovery in the global stock markets.

The domestic gold price decreased by 500 baht on Thursday in the first adjustment, with a bid…

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