Thai stocks fell 17.10 points, the formation of the government is uncertain | Daily News

2023-05-17 10:04:00

The atmosphere of Thai stocks on May 17, 2023 moved in negative territory. An uncertain government formation Including policies that are negative to the business sector of the ruling coalition. is also a risk factor while the number of foreign tourists which is the hope of the Thai economy Starting to show signs of slowing down at 5:02 p.m., the index closed at 1,522.74 points, down 17.10 points or 1.11% with a trading value of 57,401.27 million baht, while the MAI market closed at 488.04 points, down 6.65 points or 1.34% with a trading value of 1,979.32. million baht

Mr. Kornphat Worachet, director of research and investment services, Krungsri Patanasin Securities, said that in the short term, investors continue to monitor Thai political developments following the election. Including a meeting to solve the problem of the US debt ceiling. Including factors in Thai politics following the election still have to follow up the attitude of the party invited to join the government under the leadership of the party and impediments to the Prime Minister’s vote In the short term, the index is supported at 1,500-1,520 points and the resistance at 1,565-1,575 points. China reopens the country wait for the accumulation rhythm Stocks speculating on the government’s economic stimulus measures

The top 5 most traded securities are:

1. AOT closed at 72.00 baht, unchanged.

2. CP All closed at 63.00 baht, a decrease of 1.75 baht.

3. Gulf closed at 48.00 baht, an increase of 0.25 baht.

4. Kasikorn Bank closed at 133.50 baht, down -2.00 baht.

5. SCB closed at 103.00 baht, down -1.50 baht

1684318653
#Thai #stocks #fell #points #formation #government #uncertain #Daily #News

Leave a Replay