Thai stocks closed 2.79 points positive this morning, swinging narrowly without any new factors. Foreigners keep selling: InfoQuest

Stock Trading The market closed this morning at 1,359.33 points, an increase of 2.79 points (+0.21%), with a trading value of approximately 21,257 million baht.

The morning trading index oscillated within a narrow range, recording the lowest level at 1354.98 points and the highest level at 1366.79 points.

This morning, the Thai stock market fluctuated within a narrow range, said Mr Watan Jetsomnoik, Director of Strategic Analysis at Pye Securities. There are still no new positive factors to support it. The results of Thai listed companies for the fourth quarter of 2023 still do not look good, especially since commercial banks such as KTB, KBANK and SCGP are not good either.

At the same time, foreign capital (money flow) continues to flow out. Year-to-date (YTD), foreign investors have net sold Thai stocks by 23 billion baht, partly due to the weak baht.

In foreign countries, many factors are still calm. Investors should wait to watch the Federal Reserve Monetary Policy Committee (FOMC) meeting on January 30-31, 2024.

It is expected that there will be an afternoon trend for the market. It is supposed to move within the next frame, giving support at 1350 points and resistance at 1370 points.

The securities with the highest trading value are 5 securities

KBANK's trading value reached 1,355.16 million baht, closing at 121.50 baht, an increase of 0.50 baht.

AOT traded value of 991.68 million baht, closing at 59.25 baht, price unchanged.

JMT's trading value reached 722.48 million baht, closing at 21.30 baht, an increase of 0.10 baht.

KTB's trading value reached 562.93 million baht, closing at 16.30 baht, and the price was unchanged.

BDMS's trading value reached 521.57 million baht, closing at 27.50 baht, an increase of 0.25 baht.

By InfoQuest News Agency (January 24, 2024)

Tags: group, stock market, thai stock market, thai stocks

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