Bond Yields Rise – Dollar Rises Thai stocks closed -0.15 points lower.

Thai stocks closed down 0.15 points, and brokers revealed the position of a rise in the dollar exchange rate. In addition, bond yields rose, putting pressure on Asian currencies. Which led to a slowdown in foreign investment. Looking at tomorrow's investment framework, the support level is at 1380 points and the resistance level is at 1395-1400 points, and it is recommended to monitor external factors, including conflicts in the Middle East. As for domestic factors, it still depends on the Cabinet meeting, the Monetary Policy Committee and the progress of the digital wallet.

The Thai stock market closed for trading on February 5, 2024, declining -0.15 points, or -0.01%, to close at 1,383.93 points, with a trading value of 41,218.21 million baht, while the total stock trading today reached and the index fluctuated in a narrow range, as it rose during the day to a maximum of 1,389.67 points. In the opposite direction, it fell to a low of 1379.86 points.

While the number of securities that changed today increased by 246 securities, remained unchanged by 186 securities, and decreased by 227 securities.

In terms of trading volume classified by investor group, it was found that foreign investors net purchased more than +160.34 million baht and domestic investors net purchased more than +221.67 million baht. On the other hand, it was found that stock market accounts net sold more than -90.20 million baht. The net purchases of institutional investors are more than +160.34 million baht. -291.81 million baht.

The securities with the highest trading value are 5 securities
1.Trade value reached 2,375.90 million baht, closing at 28.50 baht, an increase of 0.50 baht.
2.Trade value reached 2,316.98 million baht, closing at 63.75 baht, an increase of 1.00 baht.
3.TTB's trading value reached 1,116.36 million baht, closing at 1.87 baht, an increase of 0.08 baht.
4. CPALL's trading value reached 1,070.39 million baht, closing at 54.50 baht, an increase of 0.25 baht.
5. PTTEP trading value reached 999.95 million baht, closing at 152.00 baht, an increase of 0.50 baht.

As for the SET100 index, the five classifications with the most positive price increases are:
1.HANA stock closed at 50.25 baht, an increase of 1.75 baht or 3.61%.
2.AEONTS stock closed at 154.50 baht, an increase of 1.50 baht or 0.98%.
3. KCE stock closed at 45.25 baht, an increase of 1.00 baht or 2.26%.
4.AOT stock closed at 63.75 baht, an increase of 1.00 baht or 1.59%.
5.MOSHI stock closed at 53.25 baht, an increase of 0.75 baht or 1.43%.

As for the SET100 index, the five classifications with the largest price declines are:
1.SCC stock closed at 272.00 baht, down 4.00 baht or 1.45%.
2.BH shares closed at 239.00 baht, down 3.00 baht or 1.24%.
3.ADVANC stock closed at 219.00 baht, down 2.00 baht or 0.90%.
4.CPN stock closed at 62.50 baht, down 1.75 baht or 2.72%.
5.CRC stock closed at 32.25 baht, down 0.75 baht or 2.27%.

While the SET100 index closed at 1,876.39 points, a decrease of -0.92 points, or -0.05%, the SET50 index closed at 846.52 points, a decrease of -0.79 points, or -0.09%, and the May Market Index closed at 410.56 points. An increase of 1.55 points or 0.38%.

Today, the Thai stock market witnessed sideways fluctuations, said Mr Wirawat Wirojvuka, Director of Securities Analysis at Finansia Syrus Securities. Reduce the heat after setting it well. Meanwhile, Asian stock markets are moving in a mix of positive and negative movements. After US economic numbers came stronger than expected. As a result, the dollar strengthened and US government bond yields (bond yields) rose, putting pressure on Asian currencies. Influencing foreigners to delay investment.

However, despite the negative factors at play, there is still purchasing power to help support the market in large stocks such as AOT, TTB, BDMS and CPALL, and it is estimated that there is still purchasing power flowing in from foreign investors.

“Tomorrow’s trend expects the index to be stable. Investors are waiting for follow-up Cabinet and Monetary Policy Committee meetings to follow the direction of interest rates in Thailand. Including a report on the views of the National Anti-Corruption Commission (NACC) on digital wallets. At the same time, external factors are tracking issues Conflict in the Middle East, including the announcement of inflation figures in China this week, gives a support framework at 1,380 points and a resistance level at 1,395-1,400 points.” Mr Werawat concluded.