JMART-JMT falls against SET50 risk as price continues to fall : InfoQuest

JMART stock price decreased 1.99% or 0.40 baht to 19.70 baht, with a trading value of 76.08 million baht at 10.25 from the opening price of 20.10 baht, the highest price of 20.10 baht, and the lowest price of 19.70 baht.

JMT stock price fell 2.94% or decreased 1.25 baht to 41.25 baht, trading value 288.90 million baht at 10.25 am from the opening price of 42.50 baht, the highest price of 42.75 baht, the lowest price of 40.75 baht.

Analysis of Trinity Securities Evaluate potential stocks in and out of SET50 and SET100 using data up to 31 May. This is the same set of information that the SET uses. Found out that it predicts the change in the list of stocks in the SET50 and SET100 indices for the next round. There are stocks that are likely to be removed from the SET50 index namely JMT Network Services Public Company Limited (JMT) and Jay Mart Public Company Limited (JMART) which is expected to be a pressure factor on stocks in the short term

On the KGI Securities side, JMART and JMT are expected to be removed from the SET50 index after the price continues to fall. In addition, in terms of JMART’s performance after the 1st quarter of 2023, the result revolved around a loss. And still not seeing a clear sign that the performance will recover much that is still under pressure from SINGER and SGC and there is a risk that JMT profits will not grow as expected

By InfoQuest News Agency (02 Jun ’23)

Tags: JMART , JMT , SET , Thai stocks


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