Thai Stock Market Trend: Brokers Predict Sideways Movement as MPC Meeting and Export Figures Awaited
Thai Stock Market Trend for the Week of September 25-29, 2023: Brokers Anticipate Sideways Movement By [Journalist Name], [Date] Bangkok, Thailand – As investors gear up for the trading week of September 25-29, 2023, analysts foresee the Thai stock market continuing its sideways movement. While cautious optimism remains, market participants should closely monitor the upcoming […]
Anticipated Sideways Movement in SET, Pending Thai Politics Clarity; Speculation on Stocks Benefiting from Rising Interest Rates Recommended
Stock Market Forecast: SET Expected to Remain Sideways Pending Political Clarity Today’s SET Index is projected to hover within a range of 1,550-1,570 points, contingent on the resolution of political uncertainties in Thailand by the end of the week. While external factors are pressuring Fitch to downgrade the US rating to AA+, the domestic market […]
The baht today hit a 10-month high of 32.70 baht per dollar.
Ms Kanchana Chokpaisarnsilp research executive officer Kasikorn Research Center It revealed today (January 20), that the baht strengthened to test the level of 32.70, which is the strongest level in 10 months before returning to close the market at 32.78 baht per dollar. Compared to yesterday’s close at 33.04 baht per dollar. bybaht appreciationUp in […]
Kasikorn Securities expects the MPC to raise interest rates by another 0.25%, supporting big bank stocks BBL-SCB.
Kasikorn Securities said it still has a positive view SET index Continuing into the first half of 2023, the index is expected to turn up until before the Fed meeting in mid-December, estimating resistance of 1,666 points and 1,700 points for the rest of the year. And if the index shrinks down to look the […]
Where will Thai stocks go? After the Bank of Thailand aims to raise interest rates strongly, remove a weak baht
At the latest meeting (20-21 September), the Fed was also presentarouse interestAnother 0.75% for the 3rd time in a row, just as the market expected, leading tointerest ratemoved up to a level of 3.00-3.25%, the highest since birthsubprime crisis But what surprised me this time was the forecast.policy interest rate (Dot Plot) as Fed officials […]
“Big Banks” Strong Profits “Rising Interest Rates” Increase Upside
and increased from May to 8.6% after energy prices, food and housing prices in the US continued to rise. With soaring inflation, analysts immediately began adjusting their views on the Federal Reserve meeting later this month. The Fed was previously expected to raise interest rates by 0.75% for the second time in a row. But […]
The baht closed today, “appreciating” at 33.55 baht per dollar.
Ms. Kanchana Chokpaisarnsilp research executive Kasikorn Research Center revealed that The baht closed today (March 25) at 33.55 baht per dollar. Appreciated slightly compared to yesterday’s close at 33.60 baht per dollar. The baht appreciated amid the selling pressure.dollar which is probably from the exporter and adjustment of positions before the holidays In addition, the […]
KASIKORNBANK sees the Thai stock index at support at 1,625 and 1,600 points next week.
KASIKORN SECURITIES COMPANY LIMITED (SEC) Looking at next week (20-24 Dec. 64) Thai stock indexes between December 20-24, 2021, there are support at 1,625 and 1600 points, while resistance is at 1,655 and 1,665 points, respectively. Kasikorn Research CenterAssessing important factors that need to be monitored include the MPC meeting (Dec 22) Thailand’s November export […]
Krungsri expects the baht to trade in a frame of 33.20-33.60, watching the MPC maintain interest rates
Global Markets Group Bank of Ayudhya Public Company Limited(BAY) There is a view on the direction of the baht this week that The baht tends to move within the range of 33.20-33.60 baht/USD. compared to last week The baht appreciated at 33.19 baht/USD. After trading in the frame of 33.15-33.60 baht/USD During the week, the […]
