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Thai Stock Market Shows Positive Momentum with SET Closing at 1,377.94 Points

SET closed today at 1,377.94 points, an increase of 7.60 points (0.55%), trading value 26,482.01 million baht.

Stock trading today saw the index recover, with the index hitting a low of 1,371.17 points and a high of 1,378.46 points.

As for securities, changes today increased by 232 securities, a decrease of 233 securities, and remained unchanged by 190 securities.

Mr Kornphat Worachet, Director of Research and Investment Services at Krungsri Patanasin Securities, said that the Thai stock market improved today from yesterday due to factors weighing on the end of futures contracts. Meanwhile, foreign investors continue to buy Thai government bonds. It is expected that the Monetary Policy Committee (MPC) will cut interest rates to support the appreciation of the baht to 36.395 baht/dollar from 36.534 baht/dollar in the morning Seen as positive psychology for the SET, there is a chance of seeing cash flows Buy stocks just like bonds.

Next week’s forecast sees the market gradually recovering after falling into the current zone, which is a good place to invest. Tonight, we recommend following the report on the Personal Consumption Expenditure (PCE) Price Index report for February in the United States. Highlight the direction of inflation and interest rates in the United States.

Keep the support level at 1,370-1,363 points and the resistance level at 1,393-1,400 points.

As for the securities with the highest trading value, 5 securities

DELTA trading value 1,114.49 million baht, closed at 74.50 baht, an increase of 2.25 baht.

PTTEP trade value 1,039.98 million baht, closed at 153.00 baht, an increase of 4.00 baht.

BTS trading value 860.96 million baht, closed at 5.65 baht, an increase of 0.05 baht.

KTB trading value 710.34 million baht, closed at 17.00 baht, an increase of 0.20 baht.

AOT trading value 638.53 million baht, closed at 65.50 baht, an increase of 0.25 baht.

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