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Stock Market Update: 10th May 2024

Stock news 12:53pm2024-05-10

  • Stock Exchange Closed this morning at 1,369.09 points, minus 0.20 points (-0.01%), trading value about 19,488 million baht.

  • In morning trading, the index fluctuated within a narrow range. The lowest level was 1,365.92 points and the highest 1,371.71 points.

Chaiphon Nomphitakcharoen Mr. Managing Director of the Securities Trading Department, Bualuang Securities, said that the Thai stock market in the morning fluctuated within a narrow range. But there was a slight contraction. There is some pressure from selling large stocks in the retail sector from the forecast operating results for 1Q24 which may not be as good as expected, especially CRC, and which could affect the sentiment of other stocks in the group such as CPALL

Although there are no new supporting factors that significantly affect the index. especially domestic factors Moreover, the trading value this morning is still quite light. This makes the index still in the picture from varying within the frame. As for other stock markets in Asia, most of them rose this morning.

The afternoon trend is expected to continue to vary within the range. The resistance level is 1,375 points and the support level is 1,360 points.

As for the securities with the highest trading value, 5 securities

ADVANC trading value 917.37 million baht, closed at 205.00 baht, down 1.00 baht.

TKN trading value 625.91 million baht, closed at 11.40 baht, an increase of 1.20 baht.

The trading value of CPALL fell by 550.16 million baht, closing at 57.75 baht, down 0.50 baht.

The trading value of CRC fell by 541.16 million baht, closing at 31.25 baht, 1.00 baht.

AOT trading value 476.97 million baht, closed at 66.00 baht, an increase of 0.25 baht.

By InfoQuest News Agency (10 May 2024)

Tags: SET , stock market , Thai stock market , Thai stocks

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