Newsletter

SET INDEX closes +1.52 pips despite profit taking

Thai stocks, although swinging all day, but still closing the market +1.52 points, the broker pointed to investors that the US inflation figure came out as expected. thus causing some selling pressure causing stocks to swing in a narrow frame Ready to look at the investment framework tomorrow, support at 1,670 and 1663 points, while resistance at 1,683 and 1,690 points

The Thai stock market closed for trading on January 13, 2022, increased by +1.52 points or +0.09%, closing the market at 1,680.02 points, trading value 82,469.00 million baht. Thai stock indexes moved in positive and negative territory throughout the day. It rose the highest at 1,682.71 points and dropped as low as 1,675.74 points.

Meanwhile, today’s changing stocks were up 958, unchanged 575, and down 975.

In terms of trading volume classified by investor group, it was found that Domestic investors sold a net of -1,533.11 million baht. foreign investors A net buy of more than 1,144.03 million baht, a net purchase of more than 148.72 million baht, and institutional investors a net purchase of 240.35 million baht.

As for the securities with the highest trading value, the 5 securities
1.KBANK trading value 2,868.14 million baht, closed at 145.00 baht, increased by 1.00 baht.
2.SCB trading value 2,232.51 million baht, closed at 127.50 baht, increased 1.50 baht.
3. SAWAD trading value 2,030.82 million baht, closed at 64.75 baht, an increase of 3.00 baht.
4.GULF trading value 1,947.68 million baht, closing at 49.00 baht, a decrease of 0.50 baht.
5.PTT trading value 1,607.86 million baht, closing at 39.25 baht, the price is unchanged.

The top 5 SET100 indexes with the highest gains are:
1.SYNEX 37.00 baht +4.75 baht or +14.73%
2.BEC 14.50 baht +0.90 baht or +6.62%
3.BCPG 12.60 baht +0.60 baht or +5.00%
4.SAWAD 64.75 baht +3.00 baht or +4.86%
5.BLA 44.75 baht +1.75 baht or +4.07%

The five SET100 indices with the biggest price drop are:
1.BCP 26.75 baht -0.75 baht or -2.73%
2.HANA 82.50 baht -1.75 baht or -2.08%
3.TU 20.30 baht -0.40 baht or -1.93%
4.IVL 48.00 baht -0.75 baht or -1.54%
5.MEGA 49.50 baht -0.75 baht or -1.49%

The SET100 index closed at 2,282.56 points, down -0.95 points or -0.04%. The SET50 index closed at 996.96 points, down -1.41 points or -0.14%. The mai market index closed at 678.78 points, an increase of 8.89 points or 1.33%.

Mr. Kiticharn Sirisuk-archa Senior Vice President – Retail Securities Analysis CGS-CIMB Securities (Thailand) said that the Thai stock market today has a stable sideway swing after the US inflation figure came out as expected. While our home market has adjusted outperform than the regional market. After a continuous increase and today’s highest level of 1,682 new highs in 2 years and 5 months from August 2019, there has been a short-term profit-taking momentum.

At the same time, the number of people infected with COVID-19 must be monitored. In the country, it has accelerated to more than 8,000 cases again. causing the market today may move not far While some investors are still waiting to follow new factors. Both the announcement of bank results that will start to come out tomorrow (Jan 14) are expected to start from TISCO.

It also follows the US Federal Reserve (Fed) meeting on 25-26 Jan. How will it react to the high inflation numbers? and the direction of the Chinese economy After Goldman Sach lowered its forecast for China’s GDP from 4.8 percent to 4.3 percent as the coronavirus situation in China has re-emerged to the point that some key cities have to be shut down. and affecting foreign trade causing concerns that the Chinese economy will slow down

As for the investment outlook for tomorrow, Mr. Kiticharn expects that the market will still seep and swing sideway down, although there is no inflation to pressure the market, but it may see a correction. Recommend to gradually take profit in the area of ​​1,680-1,700 points, and look at the investment framework tomorrow, support at 1,670 and 1663 points, and resistance at 1,683 and 1690 points.

.