Closed plus 7.06 points, Cover Short supports – MPC maintains interest rates to slow down the weak baht – digital wallets are clear.

2024-04-10 10:22:34

InfoQuest News Agency (10 Apr. ’24)

SET closed today at 1,408.17 points, an increase of 7.06 points (+0.50%), trading value 44,404.99 million baht. Analysts Indicates that the Thai stock market continues to rise today, better than the region. This is because a Cover Short was made following the SET disclosed information on short sales that had not yet been repurchased. Including support following the MPC decided to maintain interest rates. This caused the baht to slow down its depreciation and foreign money to flow back. Meanwhile, the announcement of the digital wallet project was weakly positive for the market as the project implementation period was slower than the market expected and there were limitations on its use. Tomorrow’s market trend expects the index to increase only limited. Be careful of fluctuations before the long Songkran holiday. The support level is 1,400 points and the resistance level is 1,415 points.

SET closed today at 1,408.17 points, an increase of 7.06 points (+0.50%), trading value 44,404.99 million baht.

Stock trading today Index continues to recover The index made the highest point at 1,411.46 points, making the lowest point 1,402.89 points.

As for securities, today’s change increased by 366 securities, decreased by 119 securities, and remained unchanged by 179 securities.

Mr. Narongdet Chandrapaisarn, Director of Securities Analysis at AIRA Securities, said that the Thai stock market today continues to recover better than regional markets. This is because there is a Cover Short from the Stock Exchange of Thailand (SET) disclosing information on short sales that have not yet been repurchased (Outstanding Short Positions), including support from the Monetary Policy Committee (MPC). .) It was decided to maintain interest rates. Causing the baht to depreciate. and money from foreign countries flows back

While announcing details of the digital wallet project which is clear regarding the source of the project However, negative factors such as The project implementation period is in 4Q24, which is slower than the market expected and there are limitations on the use of funds, such as limiting use in small stores. Including the fact that the market has already acknowledged the issue, it has a weak positive effect on the market.

The outlook for the Thai stock market tomorrow is expected to see a limited increase in the index. Be careful of fluctuations before entering the long Songkran holiday period.

The support level is 1,400 points and the resistance level is 1,415 points.

As for the securities with the highest trading value, 5 securities

CPALL trading value 2,181.06 million baht, closed at 57.25 baht, an increase of 1.00 baht.

ADVANC trading value 1,927.34 million baht, closed at 204.00 baht, decreased 3.00 baht.

PTTEP trading value 1,687.15 million baht, closed at 159.00 baht, decreased 1.00 baht.

KBANK trading value 1,596.44 million baht, closed at 126.00 baht, an increase of 0.50 baht.

SABUY trading value 1,594.35 million baht, closed at 2.72 baht, an increase of 0.50 baht.

By Warinthon Sirinok/Ratchada Kongkhunthian

1712786087
#Closed #points #Cover #Short #supports #MPC #maintains #interest #rates #slow #weak #baht #digital #wallets #clear

Share:

Facebook
Twitter
Pinterest
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.