2023-10-05 07:00:07
Reporter “Mitistock” reported on Globlex Securities analysts revealing that the Thai stock market in the followingnoon is expected to move in the support level of 1,450 points and resistance level of 1,465 points. The index rebounds according to technical factors that have entered the oversold state. Supported by the strengthening baht to the level of 36.90 baht/dollar due to poor US economic numbers.
Meanwhile, Thailand’s general inflation report in September 2023 came out at 0.30%YoY, lower than the market expected 0.60%YoY by the Office of Policy and Development. The Trade Strategy (TRC) has lowered this year’s inflation target to 1.0-1.7% from the previous 1.0-2.0%. There is a chance that mortgage interest rates will have passed their peak.
Recommended stocks: JMT support 47.50 baht, resistance 50.00 – 52.00 baht, cut loss 47.00 baht, SABUY support 6.50 baht, resistance 17.90 – 7.00 – 7.30 baht, cut loss 6.40 baht.
Follow the Stock Dimension channel to receive capital market news at the link below.
Web : https://www.mitihoon.com/
Facebook : https://www.facebook.com/mitihoon
Youtube : https://www.youtube.com/@mitihoonofficial7770
Tiktok : www.tiktok.com/@mitihoon
1696492470
#Brokers #expect #SET #followingnoon #hope #baht #strengthen #support #index #Stock #Dimension
