Foreign capital boosts Thai stocks, driving the SET to higher levels, despite a temporary dip due to profit-taking yesterday. However, a closer look at the weekly short-term outlook reveals a distinct inflow of funds into the stock market, a trend witnessed across various Asian markets. The decisive factor behind this surge is the trajectory of US interest rates, which appear to be approaching the end of their upward cycle. As a result, the Thai stock market is benefiting from these favorable conditions, complemented by the country’s own positive factors that are providing additional impetus.
One such factor is the political landscape in Thailand, which is instilling confidence among investors as the market anticipates the formation of a new government. This heightened expectation further amplifies the positive sentiment surrounding Thai stocks.
Notable participants in this bullish trend include Asia Plus, Thai stock market, SET50, BDMS, KBANK, AOT, ADVANC, BH, SCC, BBL, BCP, AP, SISB, HMPRO, PTTEP, OR, HANA, SIRI, PTOSH, ADVAP, ADVANCEA CRC, SJWD, BGRIM, J MT, JMART, STEC, CBG, FORTH, GULF, TRUE, THCOM, PLANB, ERW, PTTGC, CRC, S TEC, GULF, PLANB, BGRIM, SAWAD, and JMT.
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Foreign capital is supporting Thai stocks, pushing the SET higher even though Thai stocks were under pressure taking profits yesterday. But if we look at the weekly short-term picture, we see quite clear signs of Fund Flow flowing into the stock market. This is happening in many markets in Asia The main driver is the trend in US interest rates. reaching the end of the upward cycle that is this momentum itself The Thai stock market is also benefiting, but Thailand itself has its own positive factors that provide additional momentum. That is another political factor in the country that boosts confidence because now the market is starting to expect more that Thailand should be close to having a government. #AsiaPlus #Thai stock market #SET50 #BDMS #KBANK #AOT #ADVANC #BH #SCC #BBL #BCP #AP #SISB #HMPRO #PTTEP #OR #HANA #SIRI #KBANK #PTOSH #ADVANC #SIRI #KBANK #ADVAP #ADVANCEA CRC #SJWD #BGRIM #J MT #JMART #STEC #CBG #FORTH #GULF #TRUE #THCOM #PLANB #ERW #PTTGC #CRC #S TEC #GULF #PLANB #BGRIM #SAWAD #JMT . Every Monday to Friday between 9:30 am and 10:30 am on TNN Channel 16, follow the news station TNN Channel 16 Line @TNNONLINE or click on Keep up with the world, keep up with the economy, keep up with the truth with TNN Channel 16, a news station that adheres to the principles of providing accurate, fast and unprofessional news team immediately and professionally.
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