The atmosphere of Thai stocks on November 16, 2023 fluctuated in positive and negative territory. Because the market has no new supporting factors. Investors took profits on stocks that rose sharply, such as electronics and finance stocks, but the index’s decline was limited. Among the stock purchases that benefited from the decline in crude oil, the stock index closed at 5:02 pm at 1,415.34 points, up 0.17 points, or 0.01%, with a trading value of 43,028.30 million baht, while the trading value reached 43,028.30 million baht. The MAI market closed at 399.15 points, down 1.43 points, or 0.36%, with a trading value of 1,293.67 million baht.
One of the key investors, Mr Sathaporn Ngamruangphong or Sian Hong, advises on how to choose to buy high-interest stocks: They should be looked at individually and given heavy weight to companies with high cash flow. It has a good balance sheet because there will be enough money to pay off debt and expand the business, and if the market returns it will rebound quickly. High growth stocks are given less weight. In this situation of finance group stocks that were generating very high profits for the portfolio buy stocks with low bad debt. There is no burden in creating high reserves.
The five most traded securities are:
1.PTT stock closed at 34.50 baht, an increase of 0.25 baht.
2.Bangkok Bank closed at 151.00 baht, down -0.50 baht.
3.Sriswat stock closed at 43.75 baht, down -3.00 baht.
4.BDMS closed at 26.75 baht, an increase of 0.25 baht.
5. Hana stock closed at 45.25 baht, down -3.00 baht.
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