Thai stocks closed +1.89 points following a trend of weaker federal funds rates. We expect tomorrow's trend to fluctuate within a limited range.

Analysts revealed that Thai stocks closed +1.89 points. After the market became aware of the Fed's interest rate direction and dollar bond yields began to weaken. Positive in the short term and given tomorrow's trend, expect the market to swing sideways. Evaluating the investment framework at the support level of 1,360 points and the resistance level of 1,370 points, it is recommended to monitor the US stock market close tonight, which may limit the movement of the index.

The Thai stock market closed for trading on May 27, 2024, rising +1.89 points, or +0.14%, to close at 1,366.37 points, with a trading value of 34,648.93 million baht, while in total stock trading today, the index alternately moves in the positive and negative zone. During the day, it rose to a maximum of 1,369.68 points, and in the opposite direction, it fell to a minimum of 1,362.19 points.

While the number of securities that changed today increased by 244 securities, remained unchanged for 202 securities, and decreased by 216 securities.

In terms of trading volume classified by investor group, it was found that foreign investors sold more than -1,071.08 million baht, local investors made net purchases of more than +37.46 million baht, and securities company accounts recorded net purchases of more than +642.63 million baht. Institutional investors with net purchases of over +390.98 million baht.

The securities with the highest trading value are 5 securities
Trading value reached 1,909.61 million baht, closing at 3.08 baht, an increase of 0.12 baht.
2.PTT trading value 1,850.67 million baht, closing at 33.50 baht, down 0.25 baht.
3. Actual trading value 1,626.63 million baht, closing at 8.50 baht, an increase of 0.50 baht.
4.Trade value 847.90 million baht, closing at 24.00 baht, an increase of 0.20 baht.
5.CPF trading value 767.96 million baht, closing at 23.00 baht, price unchanged.

As for the SET100 index, the five classifications with the most positive price increases are:
1.PTTEP stock closed at 156.00 baht, an increase of 2.00 baht or 1.30%.
2.TOP shares closed at 51.50 baht, an increase of 1.75 baht or +3.52%.
3. GPSC stock closed at 48.50 baht, an increase of 1.25 baht or 2.65%.
4.TOA closed at 24.10 baht, an increase of 1.10 baht or 4.78%.
5.M shares closed at 32.75 baht, an increase of 1.00 baht, or 3.15%.

As for the SET100 index, the five classifications with the largest price declines are:
1.COM7 shares closed at 18.30 baht, down 1.00 baht, or 5.18%.
2.FORTH shares closed at 16.80 baht, down 0.70 baht, or 4.00%.
3.BTG stock closed at 24.60 baht, down 0.65 baht or 2.57%.
4.JMT stock closed at 17.00 baht, down 0.50 baht or 2.86%.
5.ITC stock closed at 22.00 baht, down 0.50 baht or 2.22%.

While the SET100 index closed at 1,859.60 points, an increase of 5.23 points, or 0.28%, the SET50 index closed at 842.65 points, an increase of 2.52 points, or 0.30%, and the May Market index closed at 383.20 points, an increase of 1.15 points. Or 0.30%.

Mr. Narongdit Chandrabhaisarn, Director of Securities Analysis at AIRA Securities, said that most Asian stock markets today are recovering slowly, especially those in North Asia which are recovering well. Meanwhile, the Thai stock market is in positive territory but there are no new factors to support its continuation. Trading value is light after the market became fully aware of the issue of the possibility of lowering interest rates by the Federal Reserve Bank (Fed).

A poll conducted by the University of Michigan on Friday showed that consumer expectations about inflation in the United States during the next year and five years have decreased from previous surveys. As a result, US government bond yields and the dollar began to weaken. It is a positive factor for short-term investment.

“Tomorrow's investment trend expects the index to swing sideways. Tonight, the US stock market is closed on Veterans Day or Memorial Day, resulting in limited movement of the index. Meanwhile, in the country itself there are still no new issues. Given the framework Investing, the support level is 1360 points and the resistance level is 1370 points. Mr. Narongdj concluded his speech.