Thai stocks closed 0.44 points higher, stable without new factors. Next Week’s Trends, Watch Thai GDP: InfoQuest

• The stock market closed today at 1,415.78 points, an increase of 0.44 points (+0.03%), with a trading value of 45,607.55 million baht.

• Stock trading today index movement is stable. The lowest point was 1406.21 points and the highest point was 1422.68 points.

• As for securities, the changes today increased by 297 securities, decreased by 166 securities, and remained unchanged by 176 securities.

Mr. Wathan Chitsomnok, Director of Strategic Analysis at Phai Securities, said that the overall picture of the Thai stock market today is quite stable. Evaluated as a case without any new factors. After adjusting upward to respond to the trend of US interest rates peaking because inflation numbers came in below market expectations. In the country, there is still a lack of supporting factors. Today, the Stock Exchange of Thailand (SET) will issue a statement disclosing additional trading information. But it does not have much importance for the stock market.

Stay tuned for next week’s trend: Thailand’s economic growth rate in the third quarter of 2023 will be announced on November 20, with Bloomberg consensus forecasting it to reach 2.1% year-on-year, including wholesale and international trade figures. Initially imported, a clear date has not been announced yet. It’s expected to be late next week.

As for tonight, wait to see the number of new home construction applications and building permits in the United States. The market estimates it at 1.35 million homes and 1.45 million licenses, and if it is less than expected, it will be a positive factor for the stock market.

We look at Monday’s frame at the support level of 1400 points and the resistance level of 1425 points.

The securities with the highest trading value are 5 securities

• CPALL Trading value reached 2,375.57 million baht, and closed at 56.75 baht, a decrease of 0.50 baht.

• Push to talk Trading value reached 1,878.09 million baht, closing at 34.25 baht, a decrease of 0.25 baht.

• In order Trading value reached 1,670.48 million baht, closing at 158.50 baht, down 3.00 baht.

• Hana Trading value reached 1,449.13 million baht, closing at 43.50 baht, down 1.75 baht.

• GPSC Trading value reached 1,246.87 million baht, closing at 47.25 baht, unchanged.

By InfoQuest News Agency (Nov 17, 23)

Tags: cit, thai stock market, athan chitsomnok, thai stocks