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Thai stocks fall -7.08 points, fearing the Fed will speed up interest rates triggering the global economic war

Thai stocks closed down -7.08 points, the broker pointed to the same direction as regional stock markets – US stocks. dropped all boards The market was worried about the US Federal Reserve raising interest rates faster and more strongly. could trigger a global economic war Assessing the investment framework tomorrow at resistance at 1670 points and support at 1,650-1660 points

The Thai stock market closed for trading on April 27, 2022, down -7.08 points or -0.42%, closing the market at 1,661.89 points, trading value about 76,764.75 million baht, while the overall trading situation today. The index moved in negative territory throughout the day. Although trading in the morning half day was slightly positive. Intraday, the index rose as high as 1,670.22, while it dropped as low as 1,655.25.

On the day of the change, 461 securities were unchanged, 444 were unchanged, and 1,321 were down.

In terms of trading volume classified by investor group, it was found that foreign investors A net buy of +2.303.29 million baht, and a net buy of +1,426.18 million baht for domestic investors and a net buy of +45.56 million baht in securities accounts. Institutional investors net sales of more than -3,775.03 million baht.

As for the securities with the highest trading value, the 5 securities
1.SCB trading value 4,496.22 million baht, closed at 114.00 baht, an increase of 43.00 baht.
2.KBANK trading value 2,433.42 million baht, closing at 151.50 baht, a decrease of 1.00 baht.
3.AOT trading value 1,932.62 million baht, closing at 68.00 baht, the price is unchanged.
4.PTTEP trading value 1,817.97 million baht, closed at 148.00 baht, increased 3.50 baht
5.IVL trading value 1,810.62 million baht, closing at 43.50 baht, a decrease of 1.50 baht.

The top 5 SET100 indexes with the highest gains are:
1.SCB closed at 114.00 baht, an increase of 43.00 baht or 60.56%.
2.PTTEP closes at 148.00 baht, an increase of 3.50 baht or 2.42%.
3.TQM closed at 47.25 baht, an increase of +2.25 baht or 5.00%.
4.ADVANC closes at 219.00 baht, an increase of 2.00 baht or 0.92%.
5.BCP closes at 32.75 baht, an increase of 1.00 baht or 3.15%.
The five SET100 indices with the biggest price drop are:

1.BH closes at 165.50 baht, a decrease of 2.50 baht or 1.49%.
2.LA closes at 42.50 baht, a decrease of 2.25 baht or 5.03%.
3.SCC closed at 356.00 baht, a decrease of 2.00 baht or 0.56%.
4.IVL closes at 43.50 baht, a decrease of 1.50 baht or 3.33%.
5.MTC closed at 46.50 baht, a decrease of 1.25 baht or 2.62%.
The SET100 index closed at 2,237.48 points, down -5.59 points, or -0.25%, while the SET50 index closed at 978.76 points, down -2.40 points, or -0.24%, and the mai market index closed at 667.36 points, down -2.98 points or -0.44%.

Mr. Nattapon Kamtha Krua, Director of Securities Analysis Department of Yuanta Securities (Thailand), said that the Thai stock market has declined today. from the negative pressures of the foreign investment climate After investors worried that the Federal Reserve (Fed) may raise interest rates at its meeting on May 4-5, there will also be profit taking after the release of 1Q12 U.S. earnings and tensions. between Russia and Ukraine After Russia suspends natural gas shipments to Bulgaria, Poland

As for the investment trend tomorrow, the index is expected to slow down. after approaching the support line But recovery is still limited. Investors are waiting to see the Fed meeting next week. by evaluating support at 1,650-1660 points and resistance at 1670 points

While Mr. Watan Jitsomnuek, Director of Strategic Analysis Department, PI Securities (PI) looks at the overall investment in the Thai stock market that Overall, the Thai stocks fell as a result of downward pressure on regional stocks and US stocks which had rebounded heavily last night, mainly investors worried that the Fed’s rate hike would hurt economic growth, including the situation. The COVID-19 outbreak in China will put pressure on global economic growth in another way.

The shares that hit the market today are energy, retail, power plants, banks and petrochemicals, with the latest Dow Jones Future gaining about 1%. US stocks are believed to have a chance to recover tonight. While the EU stock market opened in the afternoon, it fluctuated in positive territory. As for the trend tomorrow, there is a chance of some recovery after adjusting the base today, evaluating a frame of 1661 – 1670 points.