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The Thai stock market closed up 8.66 points after the MPC cuts GDP.

The SET closed today at 1,698.40 points, an increase of 8.66 points (+0.51%), with a trading value of 97,951.67 million baht. Revealed that the Thai stock market rose today, but still can’t stand above 1,700 points. Retail group, power plant group and bank group rose better than overall after the MPC revised its forecast for the Thai economy not much causing the market to continue rising in the afternoon Tomorrow’s trend has a chance to continue up but may swing sideways, giving 1,695 support and 1,705 resistance.

stock market Close today at 1,698.40 points, an increase of 8.66 points (+0.51%), trading value 97,951.67 million baht.

stock trading today The Thai stock index moved in a bullish zone all day. It made a high of 1702.67 and dropped to a low of 1,692.73.

Securities changed today, up 996 shares, down 830 shares, and unchanged 592 securities.

Mr. Nuttawut Khamtha Krua, Director of Securities Analysis Department of Yuanta Securities (Thailand) said that the Thai stock market has risen today. But still can not stand above the level of 1,700 points, the group that has risen better than the overall market is the retail group, such as CRC, the power plant group and the bank group, after the price rested during the Russo-Ukrainian war, there was a lot of tension. And when the situation is resolved, it can come back to Outperform.

In addition, the Monetary Policy Committee (MPC) meeting today downgraded the Thai economy in 65 forecast from 3.4% to 3.2%, which is not more than expected. and domestic consumption is still recovering well. support the market to continue to adjust up

Tomorrow’s trend, Mr. Nuttawut expects that the market has a chance to move up continuously. But there may be a sideways swing after being adjusted for several days, giving 1,695 support and 1,705 resistance.

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

KBANK trading value 4,341.25 million baht, closed at 160.00 baht, increased 1.50 baht

PTTEP trading value 3,266.48 million baht, closed at 148.00 baht, decreased 2.50 baht

GULF, trading value 3,235.61 million baht, closed at 51.25 baht, increased by 1.25 baht.

AOT trading value 2,829.77 million baht, closing at 66.00 baht, price unchanged.

CPN trading value 2,565.03 million baht, closed at 60.00 baht, increased by 3.00 baht.