‘KASIKORN RESEARCH CENTER – KASIKORNBANK SECURITY’ joins SET Index image evaluation next week (11-15 Jan ’64) Index frame 1,500-1,565 points to spot the situation of COVID-19 in the country, economic stimulus measures. 4/63
On January 10, 2021, Kasikorn Research Center revealed that in the past week (4-8 Jan ’64), the Thai stock market rose in the first week of the year. The SET Index (SET Index) closed at 1,536.44 points, up 6.01% from the previous week. The average daily trading value was 118,648.47 million baht, an increase of 32.37% from the previous week. The mai index rose 1.40% to close at 340.99 points.
Thai stocks have risen since the beginning of the week. According to the purchasing force of institutional and foreign investors With factors driven by the Thai authorities have not yet announced a nationwide lockdown In addition, there is an expectation that there will be additional stimulus measures.
However, Thai stocks fell in the middle of the week. Before rebounding for the rest of the week In line with regional stocks Recognizing the victory of President Joe Biden And the Democratic majority in Congress This stimulates hope about a new round of US economic stimulus measures.
For the next week (11-15 Jan), Kasikorn Securities Co., Ltd. expects that the Thai stock index will have support at 1,515 and 1,500 points, while resistance is at 1,550 and 1,565 points, respectively.
As for the Kasikorn Research Center, the key factors that need to be monitored include domestic factors. COVID-19 situation Remedial measures for COVID-19 impact Graduation of 4Q20 results of Thai listed companies Tense situation between the US and China Including important US economic data, including the consumer price index. Producer Price Index, Retail Sales and Industrial Production, Dec ’20
Other important foreign factors include the Eurozone’s Nov.2020 industrial output, Japan’s Dec’20 Producer Price Index, and China’s Dec’20 economic data.
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