Thai stocks next week are expected to move 1,650-1,700 points.

Kasikorn Securities Co., Ltd. looks at the Thai stock market next week to move 1,650-1,700 points, keeping an eye on the Covid-19 situation. direction of foreign capital Tensions between Russia and Ukraine Financial results for the quarter 1/65 of the Company.

Today (16 Apr. 65) Kasikorn Securities Company Limited looks at the movement of the Thai stock index next week (18-22 Apr) is expected to have support at 1,665 and 1,650 points. will be at 1,685 and 1,700 points, respectively

The important factors that need to be monitored include the situation of COVID-19. direction of foreign capital Tensions between Russia and Ukraine including the operating results for the quarter 1/62 of the listed companies, especially the banking group The key US economic data is home building data. Second-hand home sales in March including the number of weekly unemployment claims while other foreign factors are the consumer price index in March. of the Eurozone and Japan as well as the 1Q12 GDP figures and March economic data. of China, such as retail sales, fixed asset investment

Last week, Thai stocks fell. Because investors have adjusted their portfolios to reduce risks before the long holiday. while waiting to follow up on the results of the 1Q12 quarter of Thai listed companies to be announced gradually next week. In addition, the decline in Thai stocks is in line with the direction of foreign stock markets amid concerns regarding the prospect of accelerating the policy rate hike. of the United States While the overall situation of Covid in Thailand Including the conflict between Russia-Ukraine is still protracted.

On Tuesday (Apr 12), the SET index closed at 1,674.34, down 0.69% from the previous week. The average daily trading value was at 61,805.73 million baht, down 18.23% from the previous week, while the mai index fell 0.27% to close at 655.67 points.

Source: Kasikorn Securities Company Limited

Illustration :AFP ,TNN ONLINE

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