Shares rose as much as 4.97 points even as electronic shares were dragged down by Budget 2/2024. Tomorrow's market trends swing sideways After the resistance level failed to cross 1,325 points, no new factors came to support this period.
Director of Securities Analysis at Yuanta Securities (Thailand) Mr. Natafon Kamthakruya said the Thai stock market was trading within range today. Banking stocks supported by investors anticipating 2Q24 results to be announced gradually. Today it is expected to be BBL and tomorrow it will be big banks. Overall, the performance of banking stocks has not been too bad. And there is also a possibility of receiving dividend in the middle of the year.
Meanwhile, electronics stocks weakened, putting pressure on the market. This is in line with the direction of semiconductor stocks around the world. From concerns that the trade war between the US and China will intensify. This is a trigger for cash outflows from tech stocks.
In terms of conditions, the Thai stock market ended trading at 1,324.76 points, an increase of 4.97 points or a change of +0.38%, with a trade value of 44,630.96 million baht.
Tomorrow's market trends swing sideways After failing to cross the resistance level of 1,325 points, there are no new factors to support it during this period, providing support at 1,315 points and resistance at 1,325 points.
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