Thai Inventory Market Features Momentum: SET Index Rises on Robust Shopping for in Key Sectors

Thailand’s inventory market rose greater than 10 factors within the morning attributable to robust shopping for of huge cap shares, together with retail, banking and power teams, which supported the index up. In the meantime, regional markets have alternating positives and negatives.

At 11.19 am, the SET index was at 1,351.40 factors, a rise of 10.37 factors (+0.77%).

Mr. Weerawat Wirojphoka, Senior Director of Securities Evaluation Division Funding Advisory Securities Firm (FSS Worldwide Co, Ltd) stated that the Thai inventory market continued to enhance. It’s seen that there’s hope for financial stimulus measures. After the politics within the nation stabilized and belonging to Mr. Thaksin Shinawatra, a former prime minister who expressed their imaginative and prescient within the topic Imaginative and prescient for Thailand final evening, particularly the digital pockets coverage, inflicting Home shares to profit, thereby gaining the facility to purchase retail, finance, and financial institution teams.

The afternoon market development is anticipated The market ought to have the ability to stand in optimistic territory with resistance at 1,370 -1,380 factors and major help at 1,330 factors.

By InfoQuest Information Company (23 August 2024)

Tags: SET , inventory market , Thai inventory market , Thai shares