Thai ​Stock Market Situation: A⁤ Narrow Swing

The‌ Thai stock market closed today at 1,435.77 points, down 0.83 ‌points (-0.06%), with a trading value of 56,568.28 million ‌baht.

The market⁣ fluctuated within ‍a narrow range, with the highest point⁣ at 1,446.52 points and the lowest point‌ at 1,432.91 points.

In terms of changes in securities, 238 ⁤securities increased, 253⁤ securities decreased, and 175 securities remained unchanged.

Expert Analysis

Mr. Wathan Jitsomnuk, Director ⁢of Strategic Analysis at ​Phai ‌Securities,‌ stated that the Thai stock market’s ‌narrow swing is similar to other Asian markets, as investors await⁢ the results of the Federal⁤ Reserve (Fed) meeting and the potential ‌interest rate cut.

Regarding market trends, there is a​ possibility of a downward adjustment tomorrow, depending on ​the Fed’s decision. A 0.50% interest rate cut may not have a positive impact on the market, as it could indicate a significant slowdown in‍ the US economy. On the other hand, a 0.25% ⁤cut may lead‌ to selling ​pressure to take​ short-term⁣ profits, but it would ​confirm that the​ US economy is not slowing down significantly.

Key Levels

The support level is at 1,420 points,‍ and the resistance ‌level is ​at⁤ 1,445 points.

Top-Traded Securities

• EA: Trading value of 4,790.74 million baht, closed at⁤ 9.45⁤ baht,⁣ up 0.15 baht.
• KBANK: Trading value of 3,199.78 ⁢million baht, ‍closed at ​157.00 baht, down 1.00​ baht.
• BBL: Trading value of 2,898.76 million⁢ baht, closed ⁢at 155.00 baht, down 3.50 baht.
• CPALL: Trading ​value of 2,126.99 million ‍baht, closed at‌ 63.75 ‍baht, down 1.50 baht.
• AOT: Trading value ​of 2,089.85 ⁢million baht, closed at 64.25‌ baht, down 0.50 baht.

By ​Phacharathorn Phumikham/Ratchada Kongkhunthian