Thai Stocks Expected to Vary Narrowly Tomorrow

The Thai stock market conditions today (September 12) have increased by 6.17 points on the analyst side. Expect Thai stocks tomorrow (September 13) to trend sideways.

The Thai stock index closed today at 1,421.58 points, an increase of 6.17 points or 0.44%, with a trading value of about 47,509.74 million baht.

Market Analysis

According to Mr. Teerawut Kannipakul, Senior Director of Analysis at Dao (Thailand) Public Company Limited, the stock market today bounced back positively due to the Prime Minister’s announcement of the government’s policy, which created confidence for investors. The more urgent policies will lead to GDP growth.

Tomorrow’s Market Outlook

Tomorrow’s trend section is expected to fluctuate within a narrow or marginal range. Investors should keep an eye on stocks that benefit from government policy, such as:

• WHA, which has received good results from foreign investors investing
• ADVANC, which expects to get good results from the data center business, a new S-curve of business
• EPG and KTB, among others

Support is expected at 1,406 points and resistance at 1,434 points.

Foreign Investment

Foreign investors continue to buy, with a net purchase today of 827.23 million baht.