Market Summary

• SET closed today at 1,436.60 points, up⁣ 1.07 points (+0.07%), with ​a trading value of 54,393.17 million baht.

• The index fluctuated within ⁢a narrow range, with the highest point at 1,439.35 points and ‌the lowest ⁤point at 1,431.56 points.

• There⁣ were 260 securities that increased, 244 securities that decreased, and 170 securities ⁤that remained unchanged.

Expert Analysis

Chaiphon Nomphitakcharoen, Managing Director of Securities Trading Division ‌at Bualuang Securities, stated⁣ that the Thai ⁣stock market fluctuated within a narrow range⁢ throughout the day, following the ‍same direction as the Asian stock‍ market. This is⁢ due to the market waiting for the outcome of the Federal‍ Reserve (Fed) meeting on interest rate cuts.

The market is heavily influenced by the possibility of the⁤ Fed cutting interest rates by 0.50%, causing investors to⁣ delay their investments. Additionally, there are no new factors supporting ‍the ​market in the country, as the ⁣market has already received ⁢news on economic ​stimulus measures.

Tomorrow’s Trend

The market is ‍expected to​ swing sideways, waiting for the Fed meeting, which is an important factor in the direction of stock markets worldwide. The support level is at 1,425 points,⁣ and the​ resistance level is at 1,445 points.

Top 5 Securities by Trading‍ Value

• EA – Trading value fell to 6,540.05 million baht, closing at 9.30 baht,‍ down 1.20 baht.

• AOT – Trading value was 3,466.12 million baht, closing at 64.75 baht, up 2.00 baht.

• BANPU -​ Trading value was 3,190.17 million baht, closing at 6.50 baht, up 0.25 baht.

• INTRODUCTION – Trading value was 1,754.09 million baht, closing at 259.00⁢ baht, up 3.00 baht.

• PTTEP – Trading value was ⁢1,548.82 million ⁤baht, closing ​at 136.00 baht, down 1.00 baht.

Source: InfoQuest News Agency (17 September 2024)

Tags: SET, ‍SET Index, Chaiphon⁣ Nomphitakcharoen, Thai ‌stock market, Thai stocks