Thailand Stocks Gain, Regional Container Lines Takes the Lead

Thailand's stock market showed positive performance on Thursday. The composite Thailand SET Index (SET) gained 0.2%, reaching 1,432.78.

Top Gainers and Losers

During the session, Regional Container Lines (RCL), a transportation and logistics company, emerged as the biggest leader with a 7.9% increase. Following closely was Asset World (AWC), a real estate and construction firm, rising by 5.7%. Vibhavadi Medical Center (VIBHA), operating in the health care and life sciences industry, secured the third spot with a 5.3% growth.

On the other hand, Kerry Express (Thailand) (KEX), a transportation and logistics firm, experienced the largest decline, dropping by 7.9%. Financial services company AIRA Capital (AIRA) also witnessed a decrease of 3.7%. Similarly, X Spring Capital (XPG), another financial services company, saw its shares fall by 3.7%.

Southeast Asia Market Update

Moving to other regions of Southeast Asia, Singapore's FTSE Straits Times Index (STI) fell by 0.9%, while Malaysia's FTSE Bursa Malaysia KLCI (FBMKLCI) rose by 1%. The Philippines' PSEi Index (PSEI) recorded a significant increase of 1.6%, and Indonesia's JSX Composite Index (JAKIDX) followed suit with a growth of 1.1%.

Asia-Pacific Region Highlights

In Hong Kong, the Hang Seng Index (HSI) remained flat, while Japan's NIKKEI 225 Index (NIK) experienced a decline of 0.5%. Chinese companies listed on the Shanghai Composite Index (SHCOMP) also faced a decrease of 0.4%.

South Korea's KOSPI Composite Index (180721) witnessed a drop of 0.8% in stocks, and Australia's S&P/ASX 200 Benchmark Index (XJO) fell by 0.4%.

Currency Updates

In terms of currencies, the U.S. dollar (USDTHB) decreased by 0.1%, reaching 34.46 Thai baht. Conversely, the euro (EURTHB) saw a 0.2% increase, climbing to 37.76 baht.