Thai stocks closed +14.35 points after accepting the MOU to form a government.

2023-05-22 14:36:00

Thai stocks closed +14.35 points. Brokers pointed out that stocks have been volatile since the market opened due to concerns regarding the government establishment. Before returning to stand in positive territory in the followingnoon until the market closes following the 8-party coalition, led by the Progressive Party, signed an MOU to form a government. Although many parties are still suspicious of the fragile issue that affects social feelings and does not specify the contents of the signing of the memorandum of agreement Look at the trend of tomorrow’s investment framework that will continue to swing sideways. Ready to assess resistance at 1,540 points and support at 1,510 points.

The Thai stock market closed for trading on May 22, 2023, increasing +14.35 points or +0.95%, closing the market at 1,529.24 points, trading value 55,532.65 million baht. It has dropped more than 22 points since the morning market opened, falling below the 1,500 level before reversing to positive territory in the followingnoon. before closing the market in positive territory Intraday rose to the highest point at 1,531.01 points, on the contrary, dropped as low as 1,491.12 points.

While the securities that changed today increased by 248 securities, 155 remained unchanged, and 246 decreased.

Regarding trading volume classified by investor groups, it was found that Institutional investors net buy more than +2,350.56 million baht and securities account net buy more than +511.39 million baht. Foreign investors net sales over -1,469.36 million baht and domestic investors net sales over -1,392.58 million baht.

The securities with the highest trading value of the 5 securities
1.CPALL, trading value 2,415.68 million baht, closed at 62.00 baht, an increase of 0.25 baht
2.DELTA, trading value 2,234,23 million baht, closed at 92.25 baht, an increase of 3.25 baht
3.AOT, trading value 2,185.39 million baht, closed at 72.00 baht, an increase of 1.75 baht
4.KBANK, trading value 1,729.51 million baht, closed at 133.00 baht, an increase of 0.50 baht.
5.PTT trading value 1,658.77 million baht, closed at 31.25 baht, price unchanged.

The SET100 index with the highest gains in 5 rankings are:
1.DELTA closed at 92.25 baht, an increase of 3.25 baht or 3.65%
2.EGCO closed at 144.50 baht, an increase of 3.00 baht or 2.12%
3.HANA closed at 41.25 baht, an increase of 2.50 baht or 6.45%
4. ADVANC closed at 212.00 baht, an increase of 2.00 baht or 0.95%
5.PTTGC closed at 37.50 baht, an increase of 1.75 baht or 4.90%

As for the SET100 index, the top 5 declining prices are:
1.SCC closed at 336.00 baht, down 3.00 baht or 0.88%
2.PTTEP closed at 147.00 baht, a decrease of 1.00 baht or 0.68%
3.BH closed at 233.00 baht, down 1.00 baht or 0.43%
4.TIDLOR closed at 25.00 baht, a decrease of 0.75 baht or 2.91%
5.CPN closed at 67.75 baht, down 0.75 baht or 1.09%

While the SET100 index closed at 2,065.93 points, an increase of 21.78 points or 1.07%, the SET50 index closed at 929.56 points, an increase of 10.12 points or 1.10%. The mai market index closed at 476.83 points, a decrease of -3.93 points or -0.82%.

Mr. Chaiyaporn Nompitakcharoen managing director Securities Trading Division, Bualuang Securities said that the Thai stock market today is volatile. In the morning, it dropped to 1,500 points and in the followingnoon it turned positive. with pressure to buy large stocks back Especially stocks in the power plant and retail sectors, which dropped a lot last week.

At the same time, concerns regarding political factors this evening were made clear with the announcement of the Progressive Party’s MOU. and the coalition government Including the lack of a policy that creates social friction of the Progressive Party is included in the MOU from the news document. It is expected that the formation of the government and the vote for the Prime Minister from the Progressive Party will be able to proceed successfully. Most other stock markets in Asia today rose.

“Tomorrow’s trend is expected to swing sideways. The factors to be monitored are still external factors related to negotiations to increase the US debt ceiling that have not been finalized. and the political issues in the country that arise on how to proceed After today’s MOU has been announced clearly. By looking at the investment framework at 1,540 resistance points and 1,510 support points, “said Chaiyaporn.

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