2024-01-07 09:32:12
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The Thai stock index is still above 1,400 points in the first week of 2024.
Thai stocks rebounded sharply on the first business day of the year in response to positive factors from the permanent Thai-Chinese visa free measure.
This stimulates buying of stocks that benefit from tourism, especially stocks of airport business operators.
However, the Thai stock index moved fluctuatingly during the rest of the week, in line with the direction of foreign stock markets.
After responding to some positive factors
Moreover, the minutes of the Fed meeting did not send a clear signal that When will the interest rate reduction begin? Incidentally, stocks in the electronic components group dropped. It was affected by the investment weight reduction of major technology stocks.
One of the United States
On Friday, January 5, 2024, the SET Index closed at 1,427.96 points, an increase of 0.86% from the level at the end of the previous week. Meanwhile, the average daily trading value was 46,832.14 million baht, an increase of 31.09% from the previous week. The mai index increased 1.92% to close at 419.50 points.
For next week (8-12 Jan.), Kasikorn Securities Company Limited sees that the Thai stock index has support levels at 1,415 and 1,400 points, while resistance levels are at 1,440 and 1,455 points, respectively. The Kasikorn Research Center assesses important factors. that must be followed include Direction of foreign capital and the gradual announcement of operating results for the 4th quarter of 2023 of Thai companies.
Important US economic data includes November import and export data. 66 Consumer Price Index and Producer Price Index, December 66 includes the number of weekly jobless claims.
Meanwhile, other foreign economic data includes retail sales in November. 66 of the Eurozone, as well as the Consumer Price Index and Producer Price Index in December. 66 of China
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