The Thai stock market closed -0.30 points. The brokerage pointed out that investors are waiting for the Fed meeting to raise interest rates by 0.50% or not after the 1Q12 GDP contracted by 1.4%, hoping the Fed would not take measures to tighten interest rates on monetary policy. Ready to assess next week’s investment framework, resistance at 1670-1675 points and support at 1,650 points
The Thai stock market closed for trading on April 29, 2022, down -0.30 points or -0.02%, closing the market at 1,667.44 points, trading value 69,402 million baht during the day. The index rose highest at 1,673.54 while dropping as low as 1,666.84.
Meanwhile, today’s 730 securities were unchanged, 525 were unchanged, and 730 were down.
In terms of trading volume classified by investor group, it was found that Domestic investors sold a net of -1,243.71 million baht, and the brokerage account sold a net of -174.09 million baht. foreign investors +486.77 million baht net buy, +931.02 million baht net buy by institutional investors
As for the securities with the highest trading value, the 5 securities
1.SCC, trading value 2,728.65 million baht, closed at 370.00 baht, increased by 10.00 baht.
2.SCB trading value 2,402.36 million baht, closed at 115.00 baht, increased 2.50 baht
3.BANPU, trading value 2,386.17 million baht, closed at 12.30 baht, an increase of 0.10 baht.
4.KBANK Trading value 2,216.63 million baht, closing at 153.00 baht, a decrease of 0.50 baht.
5.ADVANC trading value 1,882.52 million baht, closing at 215.00 baht, down 5.00 baht.
The top 5 SET100 indexes with the biggest gains are:
1.CENTEL closes at 46.50 baht, an increase of +2.25 baht or +5.08%.
2.TQM closed at 49.75 baht, an increase of +1.75 baht or +3.65%.
3.TIDLOR (XD) closes at 36.75 baht, an increase of +1.00 baht or +2.80%.
4.SCC closes at 370.00 baht, an increase of +0.00 baht or +2.78%.
5.STA closes at 25.25 baht, an increase of +0.65 baht or +2.64%.
The five SET100 indices with the biggest price drop are:
1.TISCO (XD) closed at 90.75 baht, a decrease of -8.75 baht or -8.79%.
2.BAM (XD) closes at 19.20 baht, a decrease of -0.80 baht or -4.00%.
3.CHG closes at 3.90 baht, a decrease of -0.12 baht or -2.99%.
4.MINT closes at 35.00 baht, a decrease of -1.00 baht or -2.78%.
5.BH closes at 160.50 baht, a decrease of – 4.50 baht or -2.73%
The SET100 index closed at 2,250.62 points, an increase of 1.25 points, or 0.06%, the SET50 index closed at 983.56 points, an increase of 0.02 points, or 0.00%, and the mai market index closed at 669.88 points, an increase of 2.21 points, or 0.33%.
Mr. Therdsak Thaweetheerathum, Deputy Director of Research, Asia Plus Securities (ASP), said that the Thai stock market today moved in a narrow range all day. While waiting to follow the US Federal Reserve (Fed) meeting on May 4-5 whether to raise interest rates as the market expected 0.50% or not, as investors are hopeful that the Fed may slow down its tightening monetary policy. The U.S. Department of Commerce reported that gross domestic product (GDP) for the quarter shrank 1.4%, compared with analysts’ expectations for a 1.1% growth.
While the direction of the Thai stock market next week has a chance to adjust down from the inflation pressure of the US that continues to increase. In addition, the use of strict monetary policy, both raising interest rates and reducing the balance sheet. While our stock market has a mid-week holiday as well. by evaluating investment framework resistance at 1670-1675 points and support at 1,650 points
