Thai stocks closed at +1.69 points, and analysts indicated that the market received support from investments by major technology companies. After the Prime Minister sprayed perfume Amazon creates a database for a data center in Thailand Evaluate the investment framework tomorrow at the support level at 1,340 points and the resistance level at 1,355 points, and we recommend monitoring the release of the US Personal Consumption Expenditure figures and the PMI for the manufacturing and services sector in China.
The Thai stock market closed for trading on May 30, 2024, rising +1.69 points or +0.13%, closing at 1,351.52 points, with a trading value of 43,799.77 million baht. Overall, the stock trading index today fell for most of the day. Before it rebounds to the positive at the end of the market before closing. During the day, it rose to a maximum of 1,353.50 points, and in the opposite direction, it fell to a minimum of 1,340.83 points.
While the number of securities that changed today increased by 216 securities, remained unchanged by 191 securities, and decreased by 251 securities.
In terms of trading volume classified by investor group, it was found that net foreign investors sold more than -1,372.78 million baht, net securities company accounts sold more than -668.09 million baht, and net purchases of institutional investors exceeded +751.70 million baht. Net purchases by local investors exceed +1,289.18 million baht.
The securities with the highest trading value are 5 securities
1.KBANK's trading value reached 1,859.39 million baht, closing at 131.00 baht, down 1.50 baht.
2.Trade value 1,639.06 million baht, closing at 22.20 baht, down 0.90 baht.
3.PTT's trading value reached 1,370.34 million baht, closing at 33.00 baht, an increase of 0.25 baht.
4.BBL's trading value reached 1,358.89 million baht, closing at 137.50 baht, down 1.50 baht.
5.BDMS trading value reached 1,314.94 million baht, closing at 27.25 baht, down 0.50 baht.
As for the SET100 index, the five classifications with the most positive price increases are:
1.RCL stock closed at 30.00, up 1.50 baht, or 5.26%.
2.KTC stock closed at 45.50 baht, an increase of 1.25 baht or 2.82%.
3.AEONTS stock closed at 152.00 baht, an increase of 1.00 baht or 0.66%.
4.ADVANC stock closed at 205.00 baht, an increase of 1.00 baht or 0.49%.
5.SCC stock closed at 238.00 baht, an increase of 1.00 baht or 0.42%.
As for the SET100 index, the five classifications with the largest price declines are:
1.BH shares closed at 242.00 baht, down 3.00 baht or 1.22%.
2.KBANK stock closed at 131.00 baht, down 1.50 baht or 1.13%.
3.PTTEP stock closed at 155.00 baht, down 1.50 baht or 0.96%.
4.BBL stock closed at 137.50 baht, down 1.50 baht or 1.08%.
5.EA stock closed at 22.20 baht, down 0.90 baht or 3.90%.
While the SET100 index closed at 1,835.76 points, up 1.53 points, or 0.08%, the SET50 index closed at 830.37 points, up 0.79 points, or 0.10%, and the May Market index closed at 380.16 points, down -1.41 points, or 0.10%. -0.37%.
Today, the Thai stock market turned positive after oscillating in the negative territory during the day, but it did not fall by 1,340 points, with the main pressure factor being the outlook, said Mr. Sarawot Tikochawalit, Senior Director of Securities Analysis at RHB Securities (Thailand). The US Federal Reserve will maintain high interest rates for a long time.
However, the Malaysian stock market rose against other markets on the news that Google will invest in data center and artificial intelligence after Microsoft announced that it will invest in Malaysia as well, with the Prime Minister today stating that Amazon is interested in investing. Data centers in Thailand This gives an image of ASEAN attracting investments in data centers and artificial intelligence from the world's big players, sparking positive sentiment.
There is also strong buying in food stocks such as CPF, GFPT and TFG, which have benefited from the bird flu outbreak in the US and Australia. Including the pressure to buy stocks that expect to benefit from the MSCI index which will revise its weighting tomorrow (May 31).
“The market trend is expected to not rise much. Suggestions for speculation in the electronics group Factors that need to be monitored include the April Personal Consumption Expenditure (PCE) price index in the US, inflation in the European region, expected results later, and Purchasing Managers’ Index (PMI) data. For the manufacturing sector in May, the Purchasing Managers' Index (PMI) for the Chinese services sector in May was also revealed tomorrow, evaluating the investment framework, the support level is 1340 points and the resistance level is 1355 points. Mr. Sarawat concluded.
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