During the day, the index peaked at 1,607.19 and hit a low of 1,584.70 points.
The top 5 most traded securities are:
- PTT closed at 35.25 baht, a decrease of 2.08%.
- KBANK closed at 151.50 baht, an increase of 1.00%.
- PTTEP closed at 168.00 baht, a decrease of 0.59%.
- BBL closed at 137.00 baht, an increase of 0.37%.
- BDMS closed at 24.40 baht, down 0.81%.
Mr. Kornpat Worachet, Director of Research and Investment Services at Nomura Securities Pattanasin said that the Thai stock market this morning rebounded according to foreign stock markets. After the Fed raised interest rates by 0.75% as expected. Meanwhile, Fed Chairman Jerome Powell has signaled that the Fed is likely to raise interest rates another 0.50%, or 0.75%, at its July meeting. It is a positive for the market when the Fed is clear.
However, the market remains concerned about high inflation. Including the baht’s weakest in almost 6 years, starting to see a sell-profit from the rebound in the early afternoon. Expect the market to swing sideways within the support range at 1,580 points. Resistance 1606-1,610 points
Proofread by….Suree Silawong
