Thai stock market conditions: Closed in the morning at negative 2.04 points, swinging within a limited range. Foreign factors pressuring

2023-09-27 05:47:55

SET closed this morning at 1,491.98 points, down 2.04 points (-0.14%), trading value approximately 22,658.02 million baht.

Stock trading this morning The index swings within a limited range, making a low of 1,488.14 points and a high of 1,495.68 points.

Miss Chutikarn Santimethvirun Senior Manager of Securities Analysis Department, Phillip Securities (Thailand), said that the Thai stock market in the morning fluctuated within a limited range. Waiting to see the results of the Monetary Policy Committee (MPC) meeting that will come out this afternoon. Part of it is expected that interest rates will remain constant. And another part expects to raise interest rates, while Phillip Securities expects that the MPC is likely to raise interest rates one more time during the rest of this year. It is likely that it will increase this time. to control rising inflation in the future Moreover, investors are also following the interest rate perspective. and the economy as well

In addition, factors outside the country There is still pressure. From officials of the Federal Reserve (Fed) who support the Fed to continue raising interest rates. to control inflation and the United States is at risk of shutting down (Government Shutdown)

However, the market There is still slight support from the rising crude oil prices. It has a positive effect on the energy group.

The stock market trend in the afternoon is expected to fluctuate even though the results of the MPC meeting are known. But it may see a reduction in economic growth (GDP), putting pressure on the market.

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Keep the support level at 1,485-1,480 points and the resistance level at 1,495-1,500 points.

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

PTTEP trading value 1,402.57 million baht, closed at 170.50 baht, an increase of 2.00 baht.

PTT trading value 959.44 million baht, closed at 33.75 baht, price unchanged.

SAV trading value 900.32 million baht, closed at 17.20 baht, an increase of 1.90 baht.

KBANK trading value 809.88 million baht, closed at 123.00 baht, price unchanged.

SCB trading value 688.20 million baht, closed at 102.50 baht, an increase of 0.50 baht.

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