Jasmine International and Indorama Ventures among top leaders

  • Thai stocks rally as SET Index increases
  • Jasmine International and Jasmine Tech Soln lead the session
  • Indorama Ventures also among top leaders
  • Frasers Prop and Grand Canal Land post declines
  • Other Southeast Asian markets show mixed results
  • Hong Kong’s Hang Seng Index and Japan’s NIKKEI 225 rise
  • China’s Shanghai Composite Index declines
  • Currency exchange rates: USDTHB and EURTHB

Thailand shares rose on Friday, with the composite Thailand SET Index gaining 0.7%. Jasmine International and Jasmine Tech Soln were the biggest leaders during the session, while Indorama Ventures also performed well. On the other hand, Frasers Prop and Grand Canal Land posted declines. In other Southeast Asian markets, there were mixed results. Hong Kong’s Hang Seng Index and Japan’s NIKKEI 225 rose, while China’s Shanghai Composite Index declined. The currency exchange rates for USDTHB and EURTHB also saw changes.

Public Companies: Jasmine International (JAS), Jasmine Tech Soln (JTS), Indorama Ventures (IVL), Frasers Prop (Thailand) (FPT), Grand Canal Land (GLAND), Thanulux (TNL)
Private Companies:
Key People:

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Factuality Level: 10
Justification: The article provides factual information about the performance of various stock indices in Southeast Asia, including Thailand, Singapore, Malaysia, the Philippines, Indonesia, Hong Kong, Japan, China, South Korea, and Australia. It also mentions the changes in currency exchange rates. The information is based on data from Dow Jones and FactSet, and there is no irrelevant or misleading information, sensationalism, redundancy, or opinion masquerading as fact.

Noise Level: 2
Justification: The article is primarily focused on reporting stock market movements and currency exchange rates. It provides a list of companies and their stock performance without providing any analysis, insights, or actionable information. The article lacks depth and does not explore any long-term trends or consequences of the market movements.

Financial Relevance: Yes
Financial Markets Impacted: Thailand stock market

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article provides information about the performance of the Thailand stock market and various companies in the technology, basic materials/resources, and real estate/construction sectors. There is no mention of any extreme events or their impact.

Reported publicly: www.marketwatch.com