SET closed today at 1,364.27 points, an increase of 3.17 points (+0.23%), trading value 41,433.97 million baht Showing that the Thai stock market today fluctuated sideways within a limited range. Strong share buying in hospital groups is supporting the market. While investors wait to follow the PCE report, the US assesses inflation and the direction of Fed interest rates. The trend is expected tomorrow that the market will still fluctuate similar to today Follow the general sentiment of the US market. Ready to provide a support frame of 1,355 points and a resistance level of 1,365 points.
SET closed today at 1,364.27 points, an increase of 3.17 points (+0.23%), trading value 41,433.97 million baht.
Stock trading today The index moved into mostly positive territory. The highest point was 1,365.78 points and the lowest point was 1,356.96 points.
In terms of changes in securities today, there was an increase of 272 securities, a decrease of 158 securities, and no change for 219 securities.
Mr. said Narongdet Chanthapaisarn, Director of Securities Analysis at AIRA Securities, that the Thai stock market today fluctuates within the limited range to the side. With the buying power of hospital stocks supporting the market to remain in positive territory. While investors wait to follow the Personal Consumption Expenditure (PCE) Price Index report for March in the United States tomorrow night. Assessing the direction of inflation and interest rate cuts by the Federal Reserve (Fed) during the 3rd-4th quarter of 2024.
Tomorrow’s trend is expected to be that the index will still fluctuate sideways within the limited range, similar to today. Follow the US side after the META stock price fell, which may push the US stock market down to a negative sentiment with the Thai stock market. Meanwhile, this afternoon the Stock Exchange of Thailand (SET) raised the level of control over securities trading for Short Sell and HFT, seeing that the advantage of short selling investors is less. This reduces the downside but probably doesn’t increase the upside very much.
The support level is 1,355 points and the resistance level is 1,365 points.
As for the securities with the highest trading value, 5 securities
BH trading value 5,089.00 million baht, closed at 253.00 baht, an increase of 22.00 baht.
BDMS trading value 2,468.75 million baht, closed at 28.75 baht, an increase of 0.50 baht.
CPALL trading value 1,834.60 million baht, closed at 57.75 baht, an increase of 0.75 baht.
KBANK trading value 1,806.35 million baht, closed at 126.50 baht, down 0.50 baht.
KTB trading value 1,628.12 million baht, closed at 16.40 baht, an increase of 0.20 baht.
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