Thai Stocks Take a Breather: Will US PCE and Employment Numbers Spark a Rebound

SET closed today at 1,450.15 points, down 4.88 points (-0.34%), trading value 60,645.94 million baht.

Today’s stock trading saw the index take a brief rest. The highest point was 1,460.55 points and the lowest point was 1,446.60 points.

In terms of securities, today’s changes increased 221 securities, decreased 234 securities, and 212 remained unchanged by 212 securities.

Sorapon Weeramethikul, Assistant Managing Director. Mr. The head of the investment strategy team at Kasikorn Securities said that the Thai stock market today had a short-term break. It has risen by around 200 points from the lowest point of the index this year. Considered an opportunity to accumulate basic stocks such as AAV, PR9, etc., while some investors postpone investment to wait to see the numbers of the Personal Consumption Expenditure (PCE) price index in August of the United States tonight.

Next week’s trend is expected the market will move within the range. While waiting for the non-agricultural employment numbers of the United States Which is considered a very important one, giving support at 1,444-1,425 points and resistance at 1,480 points.

As for the securities with the highest trading value, 5 securities

PTTEP trade value 4,420.94 million baht, closed at 132.00 baht, down 5.50 baht.

EA trading value 3,360.37 million baht, closed at 9.25 baht, an increase of 0.85 baht.

KBANK trading value 3,273.12 million baht, closed at 149.50 baht, down 4.50 baht.

BBL trading value 2,710.40 million baht, closed at 150.00 baht, down 4.00 baht.

CPALL trading value 2,105.47 million baht, closed at 66.25 baht, an increase of 0.25 baht.

By InfoQuest News Agency (27 September 2024)

Tags: SET , SET Index , stock market , Thai stock market , Thai stocks