Thai stocks closed up 2.29 points this morning as big-cap buys continued to inflow.

2023-07-18 05:54:30

Stock news12:54pm2023-07-18

SET Closed this morning at the closing level this morning at 1,531.06 points, an increase of 2.29 points (+0.15%), trading value of approximately 23,788 million baht. revealing that the Thai stock market in the morning fluctuates positive and negative following the opportunity to appoint a prime minister from the Pheu Thai Party has increased Capital Market Friendly Policy causing pressure to buy Big Cap stocks continuously But switched out with sales pressure, petrochemicals and finance affected the economy. But if tomorrow still doesn’t finish voting for the prime minister, the stock market may not go far. The followingnoon trend is still swinging in a narrow frame, providing support at 1,517 points and resistance at 1,535 points.

SET Closed this morning at 1,531.06 points, an increase of 2.29 points (+0.15%), with a trading value of approximately 23,788 million baht.

morning trading The index fluctuates in both positive and negative territory. Made a high of 1,535.62 points and a low of 1,526.91 points.

Mr. Kijpol Praipaisalkit, Director of Analytics and Strategist, UOB Kay Hian Securities (Thailand), said that the Thai stock market this morning, the investment atmosphere moved volatilely. Positive, expect political change, chance to appoint Prime Minister from Pheu Thai Party which has many investment-friendly policies resulting in buying from large stocks Especially the bank group But the negative picture has been reversed by profit taking in stocks affected by the economy, such as petrochemicals and finance.

However, if the vote for the prime minister on July 19 is not over or may be extended to next week will create concerns regarding the delay of government spending While the results of listed companies in the second quarter of 2023 are expected to not come out very well. because it is the low season for many businesses In addition, petrochemical stocks (PTTGC, IVL) have also been affected by the weak Chinese economy. causing the atmosphere to invest in the Thai stock market is still in flux

The stock market in the followingnoon is expected to move within a narrow range. Keep the support at 1,517 points and the resistance at 1,535 points. This week, the SET index frame is expected to move in the range of 1,500-1,540 points. There are no negative factors for the market to come down hard.

The securities with the highest trading value of the 5 securities

KBANK, trading value 1,334.81 million baht, closed at 135.50 baht, an increase of 1.00 baht

SCB trading value 1,331.24 million baht, closed at 111.50 baht, an increase of 2.00 baht.

DELTA trading value 1,033.50 million baht, closed at 107.00 baht, an increase of 3.00 baht

BBL, trading value 976.85 million baht, closed at 162.00 baht, an increase of 2.00 baht

KTB, trading value 935.75 million baht, closed at 20.10 baht, an increase of 0.40 baht.

By InfoQuest News Agency (July 18, 2023)

Tags: SET, SET Index, Kitpol Praipaisalkit, stock market, Thai stock market, Thai stocks
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