SET closes negative 14 points, investors are worried about “inflation”, fearing impact on the economy.

Mr. Therdsak Thaveeeratham Deputy Director, Research Division Asia Plus Securities Said that the Thai stock market today continued to decline from yesterday. From concerns regarding the inflation rate in May, which rose to 7.1%, will affect the overall Thai economy. and there may be more stringent financial measures and may affect the direction of Thai interest rates. It is expected that Thailand will raise interest rates to 0.25% at the end of the 3rd quarter of 2022 or during the 4th quarter of 2022.

The investment trend of tomorrow The index is expected to continue to decline from today. by concerns regarding the overall global inflation rate that is accelerating Meanwhile, Dow futures fell more than 100 points while still having no new factors to support the index.

It is also necessary to follow up on the outcome of the Monetary Policy Committee (MPC) meeting on 8 June to see how it views the rising inflation rate and how the monetary policy direction will be adjusted. Ready to provide support at 1,620 and 1,615 points, and resistance at 1,635 points.

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

BANPU The trading value was 3,441.86 million baht, closed at 13.30 baht, an increase of 0.40 baht.

AOT Trading value 2,133.71 million baht, closed at 68.50 baht, decreased by 1.00 baht.

BDMS Trading value 1,825.16 million baht, closed at 25.00 baht, decreased by 1.00 baht.

PTTEP Trading value 1,606.08 million baht, closing at 169.00 baht, an increase of 0.50 baht.

KTB Trading value 1,345.31 million baht, closing at 15.60 baht, a decrease of 0.10 baht.

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