TFEX Summary

Stock markets around world experienced wild swings throughout last week, due to a spike in the crudeoil price and concerns about a possible interestrate increase.

Investment sentiment in the local market last week was the same, due to local and international factors. The Thai stock market received a boost from a Cabinet resolution to approve combined recapitalisation of Bt14.5 billion for five statedowned special financial institutions, so as to use them as a mechanism for injecting liquidity into the business sector.

However, negative factors included a lack of investor confidence and the unrest in the three southernmost provinces.

Average daily trading volume last week increased 302 contracts from the previous week to 13,497 contracts. Open-interest contracts last Thursday numbered 32,368, up 120 from the previous week.

The total weekly volume was 67,483 contracts worth Bt30.01 billion. Of these, 59,917 were for SET 50 Index futures, 1,231 for single-stock futures, 4,241 for gold Futures and 2,094 for SET 50 Index options.