Stock Exchange It closed this morning at 1,411.59 points, with an increase of 3.35 points (+0.24%), against a value of approximately 21,137 million baht.
Morning trading The index fluctuates within a narrow range. The highest level was 1,414.08 points and the lowest level was 1,407.77 points.
Mr Natthaphon Khamthakruea, director of securities analysis at Yuanta Securities (Thailand), said the Thai stock market this morning fluctuated within a narrow range. Trading volume is light. But he was buoyed by buying pressure on retail stocks. Especially CP Extra Public Company Limited (CPAXT), after forecasting that normal profits for 4Q23 will be good or growing by 75.7% quarterly and 11.8% year-on-year, also forecasting the trend of 1Q/2 operating results. According to the increase in sales resulting from Easy e-Receipt measures, etc., including shares of PTT Public Company Limited. Oil exploration and production (PTTEP) also increased in line with crude oil prices. And speculation is starting to begin on Q4 2023 results for commercial banking stocks, allowing the index to remain in positive territory.
An afternoon performance is expected for the market. Swings Sideways Investors are still waiting to see Taiwan’s presidential election on January 13, thinking that if the Kuomintang (KMT), a pro-China party, wins the election, the market would likely respond positively about a month later. While if the Democratic Progressive Party (DPP) wins the election, the advantage would be that it could continue the work it has done, but the disadvantage would be that investors would worry whether there will be an increase in conflict with China or not. . The market is expected to respond negatively approximately 1 month after the election.
Support is set at 1,407 points and resistance at 1,418 points.
As for the stocks with the highest trading value, 5 stocks
The trading value of PTT was 2,046.69 million baht, closing at 34.50 baht, down 0.50 baht.
KBANK trading value 1,265.63 million baht, closed at 131.00 baht, an increase of 2.00 baht.
CPALL trading value 773.80 million baht, closed at 55.00 baht, an increase of 0.75 baht.
BBL trading value 676.31 million baht, closing at 149.50 baht, price unchanged.
PTTEP trade value 608.08 million baht, closed at 150.50 baht, an increase of 1.50 baht.
2024-01-12 05:43:27
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