Thai stocks received interest from the Fed, closing at +14.44 points, we recommend monitoring the Digital Money Budget Act.



Thai stocks accept the results of the Fed meeting that will keep interest rates expected to fall 3 times this year as before. Push index as market closes +14.44 points higher There is also support from money flowing into electronics stocks, including DELTA, HANA and KCE, and tomorrow's investment framework is assessed as support at 1382-1377 points and resistance at 1390-1395. Points to monitor the progress of the digital wallet and pass the draft 2024 annual budget spending law

The Thai stock market closed for trading on March 21, 2024, rising +14.44 points or +1.05%, as the market closed at 1,387.62 points, with a trading value of 43,596.00 million baht, while the total trading of stocks today reached and the index rose high during the day to a maximum of 1382.99 points, and in The opposite trend fell to a low of 1388.66 points.

While the number of securities that changed today increased by 320 securities, remained unchanged by 171 securities, and decreased by 171 securities.

In terms of trading volume classified by investor group, it was found that foreign investors net bought more than +2,037.72 million baht and the securities company account net bought more than +105.69 million baht. On the other hand, it was found that local investors net sold more than -1,721.66 million baht. , Institutional investors net sold more than -421.76 million baht.

The securities with the highest trading value are 5 securities
1.CPALL's trading value reached 3,192.11 million baht, closing at 54.75 baht, down 0.75 baht.
2.BKGI's trading value reached 2,297.56 million baht, closing at 5.45 baht, an increase of 1.05 baht.
3.The trading value of Delta shares reached 1,915.21 million baht, closing at 72.25 baht, an increase of 5.50 baht.
4.KBANK's trading value reached 1,295.79 million baht, closing at 123.50 baht, down 0.50 baht.
5. Trading value reached 1,090.80 million baht, closing at 65.75 baht, an increase of 0.25 baht.

As for the SET100 index, the five classifications with the most positive price increases are:
1.DELTA stock closed at 72.25 baht, an increase of 5.50 baht or 8.24%.
2.EGCO shares closed at 115.50 baht, an increase of 3.00 baht, or 2.67%.
3.ADVANC stock closed at 211.00 baht, an increase of 3.00 baht or 1.44%.
4.AEONTS stock closed at 147.50 baht, an increase of 2.50 baht or 1.72%.
5.BCP closed at 46.75 baht, an increase of 2.00 baht or 4.47%.

As for the SET100 index, the five classifications with the largest price declines are:
1.SAPPE shares closed at 92.25 baht, down 1.00 baht or 1.07%.
2.CPALL stock closed at 54.75 baht, down 0.75 baht or 1.35%.
3.CRC stock closed at 36.75 baht, down 0.50 baht or 1.34%.
4.KBANK stock closed at 123.50 baht, down 0.50 baht or 0.40%.
5.SPALI stock closed at 20.40 baht, down 0.30 baht or 1.45%.

While the SET100 index closed at 1,884.92 points, an increase of 21.86 points, or 1.17%, the SET50 index closed at 850.82 points, an increase of 9.78 points, or 1.16%, and the May Market index closed at 416.99 points, an increase of 1.77 points. Or 0.43%.

Mr. Narongdit Chanthabeesarn, Director of Securities Analysis at AIRA Securities, said that the Thai stock market was higher today than yesterday and was sold to reduce risk before the results of the US Federal Reserve meeting were known, but received positive sentiment today. It keeps interest rates steady and expects three cuts this year. Overall, there are no downside issues, causing the dollar to weaken and government bond yields (bond yields) to adjust lower, supporting risk assets to look better again. Along with the market there is also strong buying of stocks in the electronic components group, which has become market leaders, including DELTA, HANA and KCE.

“Looking at tomorrow's trend, we expect the market to continue to fluctuate upwards but the upside is starting to be limited. Advise investors to monitor local factors. Both the 10,000 baht digital wallet advance and the draft 2024 Annual Budget Act provide support at 1,382-1,377 points and resistance at 1,390- 1395 points. Mr. Narongdj concluded his speech.

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