Fed sprays interest rates on Thai stocks, closing down -18.77 points.

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Thai stocks closed down -18.77 points, the broker pointed out that the Fed may announce a high interest rate hike. severely affected the index and market sentiment Even the bonds are starting to shrink somewhat but remain high. Ready to assess the investment framework tomorrow, hoping that the SET INDEX will recover, looking at 1,700 resistance and 1,670 support.

The Thai stock market closed for trading on April 7, 2022, down -18.77 points or -1.10%, closing the market at 1,682.41 points, trading value 97,091.59 million baht. The SET index moved in negative territory throughout the day in line with regional markets. Intraday, it rose to the highest at 1,694.23 points and dropped as low as 1,674.81 points.

The number of changed securities rose 405 shares, remained unchanged 304 securities, and declined 1,606 securities.

In terms of trading volume classified by investor group, it was found that domestic investors bought a net of more than 6,606.05 million baht and a securities account bought a net of more than 1,260.70 million baht. Foreign investors net sales of more than -1,378.71 million baht.

As for the securities with the highest trading value, the 5 securities
1.EA trading value 10,813.65 million baht, closed at 88.25 baht, a decrease of 6.00 baht.
2.JDF trading value 6,742.41 million baht, closed at 5.50 baht, increased 2.90 baht
3.KBANK trading value 3,247.54 million baht, closing at 159.50 baht, a decrease of 2.00 baht.
4.PTT trading value 2,602.90 million baht, closing at 38.25 baht, a decrease of 0.25 baht.
5.ADVANC trading value 1,997.63 million baht, closing at 227.00 baht, a decrease of 7.00 baht.

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The top 5 SET100 indexes with the biggest gains are:
1.BCH closed at 21.40 baht, an increase of 0.70 baht or 3.38%.
2.ISCO closes at 101.00 baht, an increase of 0.50 baht or 0.50%
3. BCP closed at 31.00 baht, an increase of 0.25 baht or 0.81%.
4.BLA closed at 43.25 baht, an increase of 0.25 baht or 0.58%.
5.KKP closed at 69.25 baht, an increase of 0.25 baht or 0.36%.

The five SET100 indices with the biggest price drop are:
1.SCC(XD) closed at 371.00 baht, a decrease of 12.00 baht or 3.13%.
2.ADVANC closes at 227.00 baht, a decrease of 7.00 baht or 2.99%.
3.EA closes at 88.25 baht, a decrease of 6.00 baht or 6.37%.
4.SCB closes at 115.50 baht, a decrease of 4.00 baht or 3.35%.
5.KCE closed at 63.25 baht, a decrease of 3.25 baht or 4.89%.

The SET100 index closed at 2,285.87 points, a decrease of -32.62 points, or -1.41%, the SET50 index closed at 1,006.38 points, a decrease of -14.94 points, or -1.46%, and the mai market index closed at 656.93 points, a decrease of -2.88 points or -0.44%.

Mr. Chaiyaporn Nompitakcharoen Deputy Managing Director of Bualuang Securities, said the Thai stock market today declined in line with other Asian markets. After the minutes of the US Federal Reserve (Fed) meeting in March indicated the trend of accelerating sharp interest rates and reducing the balance sheet size quickly. Which is likely to occur in the May meeting, causing investors to sell risky assets. It is the main factor affecting the stock market today.

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As for the Thai stock market outlook tomorrow, there is a chance of a slight rebound after a strong drop today. Because the market has received the news of the Fed meeting. and US government bond yields (Bond Yield) began to decline slightly. although still at a high level by giving resistance 1,700 points and support 1,670 points

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