SET Index Rises to 1,337.83 Factors Amid Constructive Market Sentiment and Financial Optimism

SET closed right now at 1,337.83 factors, a rise of 9.71 factors (+0.73%), buying and selling worth 41,315.66 million baht.

Inventory buying and selling right now The index outperformed the area. The very best level was 1,339.61 factors and the bottom was 1,327.12 factors.

When it comes to securities, right now’s change elevated by 344 securities, decreased by 150 securities and remained unchanged by 166 securities.

Mr. Weerawat Wirojphoka, Senior Director of the Securities Evaluation Division of Funding Advisory Securities Firm (BPO) FSS Worldwide Firm Restricted stated that the Thai inventory market rose higher right now than the Asian inventory market. This was supported by the choice of home politics, giving traders hope for measures to stimulate the financial system within the subsequent interval after the appointment of a brand new prime minister. In the meantime, the outcomes of the Financial Coverage Committee (MPC) assembly voted unanimously 6 to 1 to take care of the coverage rate of interest at 2.50% each year, as anticipated by the market. This has a optimistic impact on industrial banking shares.

Tomorrow’s market traits Nonetheless in a position to recuperate after closing over 1,332 factors, supporting a extra optimistic view We anticipate the SET within the medium time period to have an opportunity of rising to 1,360-1,380 factors. We advocate following the discharge of the data of the Federal Reserve (Fed ) a gathering tonight and Mr. Fed Chairman Jerome Powell at a gathering in Jackson Gap Wyoming this Friday (August 23) to search for indicators indicating the probability that the Fed will minimize rates of interest.

The help is 1,330-1,332 factors and the resistance is 1,345 factors.

As for the securities with the best buying and selling worth, 5 securities

BDMS buying and selling worth 2,339.66 million baht, closed at 28.00 baht, a rise of 0.75 baht.

GULF buying and selling worth 1,817.93 million baht, closed at 49.75 baht, a rise of 1.25 baht.

CPALL buying and selling worth 1,695.28 million baht, closed at 59.25 baht, a rise of 0.25 baht.

AOT buying and selling worth 1,456.92 million baht, closed at 59.25 baht, a rise of 1.00 baht.

EA buying and selling worth 1,392.09 million baht, closed at 5.95 baht, a rise of 0.85 baht.

By Phacharathorn Phumikham/Sasithorn Simaporn