Thai shares closed this morning down 5.63 points, supported by profit taking – no new factors – Politics

Share Trading The market closed this morning at 1,298.19 points, down 5.63 points (-0.43%), with a trading value of approximately 20,201 million baht.

Morning trading: The index fell under profit-taking pressure. The lowest level was 1293.69 points and the highest level was 1304.24 points.

The Thai stock market fell in the morning following profit-taking pressure, said Mr Watan Jitsomnoik, director of strategic analysis at Phai Securities. After yesterday's rebound from the strength of Cover Short, which made the index return and close above the level of 1300 points, rising from the lowest point of this round at 1281.87 points.

In addition, the market still lacks new supporting factors and there is still a surplus of domestic political factors. Especially the issue of the dismissal of Mr. Sitha Thavisin, the Prime Minister, and the issue of dissolving the Kauklai Party. Which still has to wait for clarity in July 2024.

In addition, there is pressure from Asian stock markets that are moving into negative territory. Including yesterday (Wednesday, June 19) the US stock market was closed for Juneteenth.

It is expected that there will be an afternoon trend for the market. It should continue to fluctuate in the negative zone while positive factors have not yet appeared, giving support at 1287 points and resistance at 1305 points.

The securities with the highest trading value are 5 securities

Delta's trading value reached 1,219.72 million baht, closing at 86.00 baht, down 1.50 baht.

CPALL's turnover reached 830.47 million baht, closing at 54.75 baht, down 0.50 baht.

Trading value reached 654.49 million baht, closing at 15.10 baht, down 0.20 baht.

AOT's turnover reached 637.12 million baht, closing at 60.50 baht, down 1.00 baht.

BDMS's trading value reached 614.25 million baht, closing at 26.25 baht, an increase of 0.50 baht.

By InfoQuest News Agency (June 20, 2024)

Tags: group, stock market, thai stock market, thai stocks

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