The SET index closed today at 1,417.21 points, down 2.55 points (-0.18%), with a trading value of 42,924.19 million baht, and analysts said that the Thai stock market has recovered according to regions. In the morning, the price rebounded more than 10 pips before it was forced to take profits and weaken into negative territory. Especially energy groups and hospitals. While investors are still waiting to follow the results. Limited companies led to a weaker recovery from the region. Tomorrow’s trend is expected to swing sideways. Watch the Chinese import and export numbers, if they come in well, they may provide support, giving a support level of 1415 points and a resistance level of 1430 points.
The stock market closed today at 1,417.21 points, down 2.55 points (-0.18%), with a trading value of 42,924.19 million baht.
Stock trading today: At the beginning of the morning, the index rose more than 10 points before gradually weakening, recording the lowest level at 1417.21 points, and the highest level at 1431.51 points.
As for securities, the changes today increased by 204 securities, decreased by 285 securities, and remained unchanged by 157 securities.
The Thai stock market recovered today in line with regional stock markets, said Mr Wirawat Wirojvuka, Director of Securities Analysis at Finansia Syrus Securities. In the morning, it increased by more than 10 points, but gradually weakened. Energy and hospital groups exerted slight pressure on the index, leading to a somewhat weaker recovery from the region. Meanwhile, investors are still waiting to follow the announcement of the operating results of listed companies in the third quarter of 2023.
In addition, the Thai inflation numbers released were quite mixed. The overall inflation rate was lower than expected. But core inflation was slightly higher than expected. As a result, the market stabilized after continuing to rise strongly during the last two days of the previous week.
The index is expected to move sideways tomorrow. Investors are following reports on import and export numbers. If the numbers are good, the Chinese trade balance in October may help support the Thai stock index.
Ready to provide support at 1415 points and resistance at 1430 points.
The securities with the highest trading value are 5 securities
PTTEP’s trade value was 1,821.89 million baht, closing at 163.50 baht, down 1.50 baht.
ADVANC’s trading value reached 1,503.23 million baht, closing at 222.00 baht, an increase of 3.00 baht.
CPALL had a trading value of 1,417.21 million baht, closing at 56.25 baht, down 0.50 baht.
KBANK’s turnover reached 1,339.39 million baht, closing at 132.00 baht, down 1.50 baht.
BDMS had a trading value of 1,314.99 million baht, closing at 26.50 baht, down 0.50 baht.
By InfoQuest News Agency (06 Nov 23)
Tags: group, stock market, thai stock market, thai stocks