Yuanta Securities assesses Thai stocks next week. Swinging sideways up, support level 1,360 points, resistance level 1,400 points, there is strong speculation in stocks that benefit from digital wallets. Including expecting an interest rate cut from the MPC to monitor Thailand’s inflation. US employment numbers
On March 31, 2024, Mr. Natthaphon Khamthakrue, Director of Securities Analysis at Yuanta Securities (Thailand), revealed to “Prachachat Turakij” that the Thai stock market was a week last week (25-29 March 2024). 1st quarter 2024 And the derivative instrument SET50 Index Futures has expired for the period in March 2024, causing major stocks to fluctuate in the last week.
For the next week (April 1-5, 2024), it is estimated that the SET Index will fluctuate sideways, with a support level of 1,360 points and a resistance level of 1,400 points, although stock markets in many foreign countries closed at the end of the period. last week. Therefore, it appears that the overall investment atmosphere in Asia this week will remain soft. However, there is still speculation that there will be speculation in stocks awaiting additional measures to stimulate the economy through digital wallets. Including the Monetary Policy Committee (MPC) interest rate cut on April 10, 2024, this part will be able to help limit the price that stocks can go down next week.
For factors that need to be followed in the country, which is to follow the Budget Act 2024 which will be presented to Her Majesty the King on April 3, 2024, as well as following the inflation numbers of Thailand on April 5, ’24, the employment figures of the United States States On April 5, 2024
For recommended investment strategies Groups that benefit from the National Bank interest rate reduction and digital wallets such as retail groups, finance groups, power plant groups, REIT groups, recommend SAWAD, GULF, CPAXT, LHHOTEL, etc.
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