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Thai Stock Market Morning Close: Cryptocurrency Stocks Soar with Bitcoin Price Surge

Movements in the Thai stock market closed the morning on February 9, 2024. Cryptocurrency stocks jumped all 7 securities after the Bitcoin price soared to 45,000 – 46,000 US dollars.

JTS shares are priced at 83.25 baht plus 6.25 baht or 8.12%, highest at 84.00 baht, lowest at 78.00 baht, with a trading value of 289.22 million baht.

AJA shares price is 0.27 baht plus 0.02 baht or 8.00%, highest at 0.29 baht, lowest at 0.24 baht, with a trading value of 36.93 million baht.

TTA shares are priced at 6.70 baht plus 0.25 baht or 3.88%, highest at 6.70 baht, lowest at 6.45 baht, with a trading value of 45.01 million baht.

MVP shares price is 1.56 baht plus 0.03 baht or 1.96%, highest at 1.61 baht, lowest at 1.56 baht, with a trading value of 10.54 million baht.

ZIGA shares are priced at 3.24 baht plus 0.06 baht or 1.89%, highest at 3.36 baht, lowest at 3.20 baht, with a trading value of 300.52 million baht.

BROOK shares price is 0.54 baht plus 0.01 baht or 1.89%, highest at 0.55 baht, lowest at 0.53 baht, with a trading value of 25.80 million baht.

XPG shares are priced at 1.15 baht plus 0.01 baht or 0.88%, highest at 1.16 baht, lowest at 1.13 baht, with a trading value of 23.59 million baht.

Bloomberg News reports that Bitcoin has surpassed the $46,000 level, reaching its highest level in over a month. This was supported by signs of continued inflows of US funds. As well as more interest in the Bitcoin Halving due in April.

Bitcoin, the largest digital asset, rose about 2% to $46,175 as of 5:45 a.m. in London on Friday, February 9, 2024, increasing this year to about 9%. Ether, Solana, and Cardano also increased.

Nat Tripoonsuk, Assistant Director of Investment Analysis at Yuanta Securities (Thailand) Co., Ltd., revealed to “Krungthep Turakij” that cryptocurrencies are mostly stocks Today, there is sentimental support of the crypto price, with the price of Bitcoin rising recently to the region of 45,000 – 46,000 US dollars, causing speculation in this group. Usually the leading stocks in this group are JTS stocks.

Looking at the trend of cryptocurrencies, there is still an opportunity to continue to rise. You can still guess. But investors may need to have a clear Stop Loss point.

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Proofread…Silawong Sure

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