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Thai Stocks Poised for a Boost: Experts Predict 1,400-1,455 Range Amid Government Policy Announcements - News Directory 3

Thai Stocks Poised for a Boost: Experts Predict 1,400-1,455 Range Amid Government Policy Announcements

September 7, 2024 Catherine Williams Business
News Context
At a glance
  • Thai stocks are expected to experience a significant surge in the coming week, with Kasikorn Securities predicting a range of 1,400-1,455.
  • The Thai stock market has already shown a sharp increase, with the Vayupak Fund playing a crucial role in this trend.
  • According to recent reports, 10 outstanding stocks have pushed today's trading volume past 100 billion baht.
Original source: news.google.com

Thai Stocks Expected to Rise: Market Analysis and Trends

Thai stocks are expected to experience a significant surge in the coming week, with Kasikorn Securities predicting a range of 1,400-1,455. This forecast is largely influenced by government policy announcements and fund flow.

The Thai stock market has already shown a sharp increase, with the Vayupak Fund playing a crucial role in this trend. The establishment of a new Cabinet has also contributed to the market’s growth.

According to recent reports, 10 outstanding stocks have pushed today’s trading volume past 100 billion baht. This surge in trading volume is a clear indication of the market’s growing confidence.

The Thai stock market has surged by 23.36 points, with a trading volume of over 100 billion baht. This growth is largely attributed to the influx of money from online managers.

Market analysts believe that Thai stocks are safe at the 1,500-point mark, with buying power surging after the political landscape has become clearer. The market is now waiting for the Vayupak-Thai ESG money to push forward.

Related News

  • Kasikorn Securities’ Market Forecast
  • Finnomena’s Stock Market Alert
  • Daily News Online’s Market Analysis
  • Thairath’s Market Trends

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