Thai stock market conditions: closed up 1.09 points volatile swing | RYT9

SET The morning closed at 1,634.82 points, an increase of 1.09 points (+0.07%), with a trading value of regarding 39,600 million baht.

stock trading this morning The Thai stock index fluctuated mostly in positive territory. by making the highest level 1646.37 points and the lowest level 1632.66 points

Mr. Kiticharn Sirisuk-archa Senior Vice President – Retail Securities Analysis CGS-CIMB Securities (Thailand) said that the Thai stock market index in the morning was quite volatile. It peaked at 1,646 points, near the key resistance at 1,650 points, before taking profits came out. The groups that pushed the SET index this morning were energy groups and banks, which were supported by a steady inflow of foreign capital.

In the past, the SET index rose regarding 5% compared to its lowest point of 1,580, better than the US and European stock markets. Therefore, when it rises, there will be more profit-taking.

However, we still have to keep an eye on the key US economic numbers that will come out tonight, namely the personal consumption expenditures (PCE) price index in April. If it comes out higher than expected, it will return to be a worrying factor. with investors following the Federal Reserve’s (Fed) monetary policy once more.

The trend in the followingnoon is expected to swing the siteway. And will close in the negative or slightly positive territory, giving support 1624-1630 points and resistance 1640-1646 points

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

PTTEP trading value 2,291.22 million baht, closed at 166.00 baht, increased by 6.00 baht.

AOT trading value 1,657.99 million baht, closing at 68.50 baht, a decrease of 1.25 baht.

KBANK trading value 1,490.58 million baht, closed at 146.50 baht, increased by 2.00 baht.

EA trading value 1,272.33 million baht, closed at 88.75 baht, an increase of 0.75 baht.

ADVANC trading value 922.72 million baht, closing at 218.00 baht, down 4.00 baht.


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