SET INDEX closes +16.97 points, accepting children’s easing measures for Covid – China cut interest rates

Thai stocks closed +16.97 points. Broker pointed out that the large group of Prof. has a resolution to relax more measures. by allowing baths, massages, service places, entertainment venues, pubs and bars to reopen in the pilot areas Stimulate the spending of tourists In addition to the announcement of China’s easing of interest rate measures. Ready to assess the investment framework next week at support at 1,590 points and resistance at 1630-1,650 points

The Thai stock market closed for trading on May 20, 2022, increasing +16.97 points or +1.06%, closing the market at 1,622.95 points, trading value approximately 66,204.09 million baht. Overall trading in Thai stocks today. The index rose to a high of 1626.16 points and dropped as low as 1616.46 points.

Today’s changing stocks rose 1,095, 571 were unchanged, and 600 were down.

In terms of trading volume classified by investor group, it was found that foreign investors A net purchase of +3,093.50 million baht and a securities account with a net purchase of +7.73 million baht. Domestic investors net sales of -1,959.50 million baht and institutional investors net sales of -1,141.73 million baht.

As for the securities with the highest trading value, the 5 securities
1.PLUS trading value 4,359.22 million baht, closed at 5.50 baht, increased by 1.00 baht.
2.BDMS trading value 3,036.82 million baht, closed at 27.00 baht, increased by 0.25 baht
3.BANPU, trading value of 2,475.63 million baht, closed at 12.20 baht, an increase of 0.50 baht.
4.SCB trading value 2,427.39 million baht, closed at 111.50 baht, increased 3.50 baht
5.AOT trading value 2,304.71 million baht, closed at 69.00 baht, increased by 1.00 baht

The top 5 SET100 indexes with the biggest gains are:
1.SCB closed at 111.50 baht, an increase of 3.50 baht or 3.24%.
2.JMT closed at 74.00 baht, an increase of 2.50 baht or 3.50%.
3.KBANK closed at 144.50 baht, an increase of 2.50 baht or 1.76%.
4.TQM closed at 44.00 baht, an increase of 2.00 baht or 4.76%.
5.CPN closes at 62.25 baht, an increase of 2.00 baht or 3.32%.

The five SET100 indices with the biggest price drop are:
1.BCP closed at 34.25 baht, a decrease of 0.50 baht or 1.44%.
2.TIDLOR closed at 33.50 baht, a decrease of 0.25 baht or 0.74%.
3.RATCH closed at 40.25 baht, a decrease of 0.25 baht or 0.62%.
4.KKP closed at 70.25 baht, a decrease of 0.25 baht or 0.35%.
5.RS closes at 15.60 baht, a decrease of 0.20 baht or 1.27%

The SET100 index closed at 221.46 points, an increase of 24.21 points, or 1.10%, the SET50 index closed at 977.36 points, an increase of 10.52 points, or 1.09%, and the mai market index closed at 625.66 points, an increase of 9.51 points or 1.54%.

Mr. Chanchai Pantathanakit, Assistant Vice President, Research Division, Asia Plus Securities, said that the Thai stock market has improved today in line with other stock markets in Asia. The People’s Bank of China (PBOC) lowered interest rates on the five-year loan for good customers (LPR) to the lowest level since 2019 to help the real estate sector. including stimulating the slowing economy following being affected by the COVID-19 outbreak. It was a huge surprise to the market.

In addition, our home has received positive factors from the Covid-19 Situation Administration Center (Prof. ), a large set of resolutions to relax additional measures. by allowing service establishments, entertainment venues, pubs to reopen in the tourist pilot areas and agreed to adjust the public health measures in case of high-risk contacts from the original 5 days quarantine and 5 more days to observe symptoms, to 10 days to observe the symptoms without quarantine.

The Thai stock market outlook next week is expected that the index will still be limited due to the overall economic risks. following being concerned regarding the economic recession And investors are likely to wait to see the minutes of the FOMC meeting or the Fed Minutes, may delay investments first. Provides a resistance level of 1630-1,650 points and a support level of 1,590 points.

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