Thai Stocks Bounce Back: Energy Selloff Sparks Shift to Yield Play Stocks

SET closed today at 1,461.58 points, down 0.52 points (-0.04%), trading value 62,588.09 million baht. take in stocks Switch back to play in Yield Play stocks, including BGRIM and GPSC Tomorrow’s trend expects the market to fluctuate within the range without factors. Waiting for US employment numbers at the end of next week Resistance level 1,470 points and support level 1,444 points.

SET closed today at 1,461.58 points, down 0.52 points (-0.04%), trading value 62,588.09 million baht.

Stock trading today, the index gradually corrected, reaching a high of 1,471.69 points and a low of 1,460.23 points.

In terms of securities, today’s changes increased 249 securities, decreased 245 securities, and 174 remained unchanged by 174 securities.

Mr. Sorapon Weeramethikul, Assistant Managing Director head of the investment strategy team at Kasikorn Securities said that the Thai stock market today is gradually adjusting to a short-term base after continuously rising close to the important resistance zone at 1,480 points, making profit on stocks that rose strongly in the previous period Especially the energy group Switch to Yield Play stocks to take the interest cycle down, such as BGRIM and GPSC.

Tomorrow’s trend is expected to see the market move within the range. Stay tuned for US non-agricultural employment numbers. Next Friday (October 4), it is considered an important figure indicating the direction of the US economy, providing resistance at 1,470 points and support at 1,444 points.

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

The trading value of BANPU fell by 3,036.24 million baht, closing at 7.05 baht, down 0.35 baht.

SCC trading value 2,588.57 million baht, closed at 246.00 baht, an increase of 7.00 baht.

CPALL trading value 2,382.60 million baht, closed at 66.00 baht, an increase of 0.25 baht.

PTTEP trade value 2,045.61 million baht, closed at 140.00 baht, down 0.50 baht.

PTTGC trading value 1,850.80 million baht, closed at 31.75 baht, price unchanged.

By InfoQuest News Agency (25 September 2024)

Tags: Thai stock market, Thai stocks