Thai Inventory Market Replace: SET Index Climbs Amid Easing Financial Issues and Political Optimism

• SET closed in the present day at 1,328.12 factors, a rise of 4.74 factors (+0.36%), buying and selling worth 47,980.65 million baht.

• Inventory buying and selling in the present day The index oscillated in optimistic territory. The bottom stage was 1,323.94 factors and the very best stage was 1,337.35 factors.

• By way of securities, in the present day’s adjustments elevated 284 securities, decreased 216 securities, and 161 remained unchanged by 161 securities.

Mr Wathan Jitsomnuk, Director of Strategic Evaluation, Phai Securities, mentioned that the Thai inventory market in the present day, the Thai inventory market continues to rise in the present day. The overall image can also be supported by easing considerations concerning the financial recession in america, along with hopes for an rate of interest reduce by the Federal Reserve (Fed).

As for home components Traders are optimistic concerning the political state of affairs. After having a brand new prime minister from the identical celebration And there’s a probability that the Cupboard will nonetheless be near the unique set. And the Thai financial system obtained one other increase after passing its lowest level within the 1st quarter of 2024.

As for the issue that must be monitored, the Financial Coverage Committee (MPC) assembly tomorrow afternoon is anticipated to take care of rates of interest on the identical stage to attend and see the restoration of the Thai financial system. along with stimulating insurance policies from the federal government

Tomorrow’s market traits Motion throughout the vary supplies help at 1,320 factors and resistance at 1,340 factors.

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

• CPALL Buying and selling worth 4,333.39 million baht, closed at 59.00 baht, a rise of two.00 baht.

• KBANK Buying and selling worth 2,396.54 million baht, closed at 138.50 baht, worth unchanged.

• PTTEP Buying and selling worth 1,613.41 million baht, closed at 141.00 baht, down 3.00 baht.

• DELTA Buying and selling worth 1,490.55 million baht, closed at 105.50 baht, a rise of two.50 baht.

• ADVANC (XD) Buying and selling worth 1,469.42 million baht, closed at 244.00 baht, a rise of three.00 baht.

By InfoQuest Information Company (20 August 2024)

Tags: SET , SET Index , Thai inventory market , Wathan Jitsomnuk , Thai shares