Derivatives Summary

The SET50 Index Futures, with the nearest contract month S50Z08 expiring in December, was settled at 297.8, down 25 points, or 7.75 per cent.

The SET Index moved in a narrow range with thin turnover due to the absence of fresh positive factors. The US economy continues to play a major role in the Thai stock market.

The Dow Jones Industrial Average has fallen continuously due to disappointing US economic indicators and corporate earnings, pointing to a recession.

Trading volume in the market last week slightly fell from the previous week. S50Z08 was below the SET50, but the basis value between S50Z08 and the SET narrowed, reflecting a more positive view of investors. Openinterest contracts rose by 2,000.

Weekly volume on the TFEX was 68,092 contracts, with 67,357 for the SET50 Index Futures and 735 for index options, worth a combined Bt20.59 billion. Openinterest contracts numbered 33,390 as of Thursday.