The Thai stock index closed -1.61 points lower, down 1,300 points again. Analysts pointed to the lack of supporting factors. Foreign investors continue to sell.

The Thai stock market closed for trading on July 1, 2024, declining -1.61 points, or -0.12%, to close at 1,299.35 points, with a trading value of 29,761.63 million baht, while the general picture of Thai stock trading today was with the index fluctuating up and down in both positive and negative territory. During the day, it rose to a maximum of 1,306.28 points, and in the opposite direction, it fell to a minimum of 1,296.11 points.

While the number of securities that changed today increased by 210 securities, remained unchanged for 178 securities, and decreased by 268 securities.

In terms of trading volume classified by investor group, it was found that foreign investors had net purchases of more than +337.97 million baht, domestic investors were net buyers of more than +6.84 million baht, and, on the other hand, it was found that securities companies had net sales of more than +6.84 million baht. -114.67 million baht, net sales from institutional investors were more than -230.14. One million baht.

The securities with the highest trading value are 5 securities
1. Trading value was 4,961.51 million baht, closing at 12.60 baht, up 1.40 baht.
2.AOT trading value 1,151.73 million baht, closing at 56.75 baht, down 1.00 baht.
3. Delta's trading value reached 866.47 million baht, closing at 83.50 baht, an increase of 0.25 baht.
4.CPALL trading value reached 769.54 million baht, closing at 55.25 baht, an increase of 0.25 baht.
5. PTT's trading value was 756.78 million baht, closing at 32.50 baht, unchanged.

As for the SET100 index, the five stocks with the most positive price increases are:
1. ADVANC stock closed at 211.00 baht, up 2.00 baht or 0.96%.
2.BBL stock closed at 132.00 baht, an increase of 1.50 baht or 1.15%.
3. EA shares closed at 12.60 baht, up 1.40 baht or 12.50%.
4.PTTEP stock closed at 153.00 baht, an increase of 1.00 baht or 0.66%.
5.SCC was at 226.00 baht, up 1.00 baht or 0.44%.

As for the SET100 index, the five stocks with the biggest price declines are:
1.BH shares closed at 244.00 baht, down 3.00 baht, or 1.21%.
2.AEONTS stock closed at 125.00 baht, down 2.00 baht or 1.57%.
3.SAPPE stock closed at 100.00 baht, down 1.50 baht or 1.48%.
4.EGCO shares closed at 102.00 baht, a decrease of 1.50 baht, or 1.45%.
5. Suad stock closed at 33.75 baht, down 0.75 baht or 2.17%.

While the SET100 index closed at 1,770.79 points, down -1.05 points, or -0.06%, the SET50 index closed at 805.84 points, down -0.26 points, or -0.03%, and the May Market index closed at 352.54 points, down -2.91 points, or -0.82%.

Mr. Thanomsak Saharachai, Senior Assistant General Manager, Research Department, Krungthai Xspring Securities, said that the Thai stock market index moved in the positive and negative territory today. The trading volume is light. As foreign investors continue to sell because the Thai stock market has no factors affecting the index. Today's index was pressured by some stocks, including AOT, DELTA, BDMS, BH, which led to the market decline.

In addition, the technical factors of the Thai stock market are still in a downtrend. Waiting for a reversal signal, Thai stocks do not have momentum yet and are also at risk of strengthening the dollar. This leads foreign investors to reduce their investment position in Asian stocks.

“Tomorrow’s trend is expected to continue in the downside. Investors are advised to wait and follow local sentiments such as cabinet meetings, including reports on inflation figures. With support at 1,288 points and resistance at 1,304-1,308 points.” Mr. Thanomsak Concluding Remarks