Asia Stocks Face Volatility on Last Trading Day as Wall Street Declines from Record High

Stocks in Asia traded in a mix session on the last trading day of 2020 after the U.S. stocks declined from a record high yesterday.

 

As of 9:05 local time in Thailand on December 30, 2020, Nikkei dropped 0.56%, SSEC rose 0.36%, HSI increased 0.80%, ASX200 fell 0.74% and Kospi gained 0.25%.

 

The analyst expected SET Index to fluctuate in tomorrow’s session, but still has the potential to edge higher after the index was able to maintain above the 1,450 resistance level, while giving a resistance level at 1,470-1,480 points. In the meantime, the analyst pointed out that the ups and downs pandemic situation in Thailand will be a risk factor that the market will face next year.