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SET50 edges up after sharp slump last week over oil-price spike

Published on April 28, 2008

The SET50 Index on Friday rose by 11.05 points or 1.85 per cent from the previous week to 617.86.

The Nation

The SET50 Index Futures S50M08 (expiring at the end of June) closed up 0.2 points or 0.03 per cent from the previous week to 605.1.

The SET Index rose steadily early last week before falling sharply in the middle of the week, tracking major overseas stock markets pressured by the fresh record high set by the crude oil price of US$120 (Bt3,780) per barrel.

Total weekly volume on the TFEX was 21,726 contracts, representing Bt12.99 billion. Of the total contracts, 21,353 were for SET50 Index Futures and 372 were for SET50 Index Options. Open interest contracts as of Thursday numbered 20,337.

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SET50 edges up after sharp slump last week over oil-price spike

The SET50 Index on Friday rose by 11.05 points or 1.85 per cent from the previous week to 617.86.

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