Thai Stock​ Market Closes at 11,454.84 Points, Up 1.33%

The Thai stock market ⁤closed today at 11,454.84 points, a ‌1.33% increase from the previous day, with a trading value of approximately 67,697.79 million baht.

The market’s highest ‍point was 11,454.84 points, ⁢while the⁢ lowest point was 11,436.14 points. A total of 382 securities saw an increase, 123 securities decreased, and 162 securities remained unchanged.

Market Analysis

According⁤ to Chaiphon‍ Nomphitakcharoen, Managing Director of the Securities Trading Department at Bualuang Securities, the Thai stock market’s increase is in line with the direction of regional‍ stock markets and Dow ​Jones futures, which remain positive.

The US Federal Reserve’s decision to cut interest rates to‍ 0.50% has also supported the market, particularly in emerging countries. Thailand’s stock ⁤market has seen ‍strong buying of large stocks that have benefited positively from the drop in interest rates, especially in the electronic components, power plants, and retail sectors.

Tomorrow’s⁤ Market Trend

Tomorrow’s market trend ‍is expected to be sideways, with investors ‍keeping a close eye on the Bank of Japan’s (BOJ) meeting to determine ​interest rates. This decision will likely ⁢affect the ​regional stock market​ and‍ the yen, as well as the US dollar.

Resistance levels⁤ are expected to be around 1,460-1,465 points, while ‍support levels are expected to be around 1,435-1,440 points.

Top 5 ​Securities by Trading Value

• EA: trading value of 2,857.30 million baht, closed at 8.95 baht, down 0.50 baht.
• KBANK: trading value of 2,711.76 million baht, closed at 157.00 baht, price unchanged.
• DELTA: trading value of 2,465.40 million baht, closed at ‍108.50 baht, an increase of 4.50 baht.
• BBL: trading value of 2,395.21 million baht,⁢ closed at 155.00 baht, price unchanged.
• CPALL: trading‌ value of 2,112.05 million baht, closed at 64.75 baht, an increase of 1.00 baht.

By Jirayut Chansongsakul/Sasithorn Simaporn