SET INDEX closes +30.11 points, receiving GDP Q1/65 higher than expected, despite market gloomy concerns about negative factors.

Thai stocks closed up +30.11 points, analysts pointed out. Stocks gain positive GDP in Thailand in the 1st quarter of 2012 was higher than expected. following income recovered from the covid crisis But the overall market is still worried regarding the negative factors from abroad, including the crisis of rising energy prices. Inflation and the protracted Russo-Ukrainian war Ready to assess the investment framework, support at 1600 points and resistance at 1,630 points

The Thai stock market closed for trading on May 17, 2022, increased by 30.11 points or +1.9%, closing the market at 1,614.49 points, trading value over 85,222.10 million baht. Overall trading today, the SET INDEX index moved. Stay in positive territory all day. Intraday, it rose as high as 1,615.48 points while dropping as low as 1,590.96 points.

Today’s changing stocks rose 1,424, 295 unchanged, and down 577.

In terms of trading volume classified by investor group, it was found that foreign investors A net buy of +3,204.89 million baht and a net buy of +2,668.99 million baht by institutional investors. Domestic investors sold a net of -5,078.94 million baht, and a brokerage account sold a net of -794.94 million baht.

As for the securities with the highest trading value, the 5 securities
1.PTTEP trading value 3,258.82 million baht, closing at 157.50 baht, an increase of 6.00 baht.
2.JMT, trading value 2,927.67 million baht, closed at 76.00 baht, increased 8.00 baht
3.PTT trading value 2,883.34 million baht, closed at 37.00 baht, increased by 0.75 baht.
4.KBANK trading value 2,263.01 million baht, closed at 144.50 baht, an increase of 2.50 baht.
5.IVL trading value 2,158.23 million baht, closed at 48.75 baht, increased 2.25 baht

The top 5 SET100 indexes with the biggest gains are:
1.PTTEP closes at 157.50 baht, an increase of 6.00 baht or 3.96%.
2.MEGA closed at 54.00 baht, an increase of 5.50 baht or 11.34%.
3.EA closes at 85.50 baht, an increase of 4.00 baht or 4.91%.
4.JMART closes at 55.00 baht, an increase of 3.50 baht or 6.80%.
5.EGCO closes at 175.00 baht, an increase of 3.50 baht or 2.04%.

The five SET100 indices with the biggest price drop are:
1.BLA closes at 38.50 baht, a decrease of 2.25 baht or 5.52%.
2.BCH closes at 18.80 baht, a decrease of 1.20 baht or 6.00%.
3.CBG closes at 103.50 baht, a decrease of 1.00 baht or 0.96%.
4.TGT closes at 18.00 baht, a decrease of 0.60 baht or 3.23%.
5.OR closes at 26.00 baht, a decrease of 0.50 baht or 1.89%

The SET100 index closed at 2,190.52 points, an increase of 25.47 points, or 1.18%, the SET50 index closed at 962.69 points, an increase of 9.63 points, or 1.01%, and the mai market index closed at 614.27 points, an increase of 12.34 points, or 2.05%.

Soraphon Weerametheekul, senior director of securities analysis at KASIKORNBANK, said the SET today rebounded quite strongly following the GDP figure for the first quarter of 2012 was higher than expected. Financial stocks rose mostly. and Down Jones futures are positive. Suggest to follow the comments of Fed Chairman Jerome Powell tonight for his views on monetary policy.

while Mr. Therdsak Thaweetheerathum, Deputy Director of Research Division, Asia Plus Securities said the Thai stock market today It has risen quite strongly following going down quite a lot. But looking at the rebound from the general overview, temporarily relaxed Due to the same negative factors that put pressure on the market, both the Russian and Ukrainian wars that still have to keep an eye on Russia’s attitude towards Finland and Sweden joining NATO. In addition, the continued high inflation in the US will force the US Federal Reserve (Fed) to move forward with its tight monetary policy.

However, profits of Thai listed companies in 1Q12 are expected to be around 260-270 billion baht, close to the ASP’s expectation. The good performance will help stop the downside of the market to some extent. While China has both positive and negative factors. China is preparing to loosen the Shanghai lockdown on June 1, but Chinese economic numbers are sluggish. Both retail sales and industrial production in April declined, while the investment outlook for tomorrow Mr. Therdsak expects that the market is still volatile. and be careful of profit-taking by giving resistance at 1,630 points and support at 1600 points

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