Market Summary

• SET closed today at 1,415.41 points, down 12.62 points (-0.88%), ⁤trading value around 73,985.61 million baht.

• Today’s stock trading saw the index very accurate, making​ a high ⁣of 1,428.13 points and a low⁤ of 1,405.30 points.

• In terms of securities, today’s change increased 135 securities, 387 securities⁢ decreased, and 143 securities remained unchanged.

Market Analysis

Mr Sarawut Techochawalit, Senior Director of Securities Analysis Department, ‌RHB Securities (Thailand),⁤ said that the Thai ‍stock market today​ fell in line with most foreign stock markets which were falling. The ‍main pressure came from energy and refinery groups after the price of crude oil fell below 70 dollars/barrel. Because of concerns about the slowdown in the demand ⁣for oil in the world. Including profit taking in large stocks, SCC and the retail sector.

Meanwhile, investors are still waiting to follow⁣ the release of the US Consumer Price Index (CPI) this evening to assess the trend of interest rate cuts by the Federal Reserve (Fed), with ⁢the market expecting CPI to headline in August increased by 2.6% year over year and Core CPI will increase by 3.2% year⁣ over year If the numbers come out ‌lower than expected, it will support the‌ Fed to cut interest rates quickly ⁢and strongly. This will have a positive impact on foreign capital flowing ‍into the ASEAN market. which Thailand will also benefit from

Tomorrow’s Market Outlook

The trend tomorrow is that the market has an⁤ opportunity to rebound after coming down‌ hard to test the support level of 1,405 points before bouncing back up somewhat. Recommend following⁢ the Prime Minister’s announcement of⁤ government policy to Parliament. ‌And the European ⁢Central Bank (ECB) meeting is expected to cut interest rates by another‌ 0.25%.

The support level is 1,405 points and the resistance level is 1,430 points.

Top 5 Securities by Trading Value

• PTT Trading value decreased by 3,699.69 million baht, closing at 33.00 baht, 0.75 baht.

• BH Trading value 2,843.72 million baht, closed at 270.00 baht, down 1.00 baht.

• KBANK Trading value 2,781.74 million baht, closed at 156.00 baht, an increase of ‍0.50 baht.

• CPALL Trading ‌value fell by 2,695.28 million ⁤baht, closing at 64.75 baht, 1.00 baht.

• BBL Trading value 2,563.84 million baht, closed at 154.00 baht, an increase of 1.00 baht.