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Thai Stock Market Trend and Analysis for the Next Week

Thai stock market trend Next week, analysts at IRA Securities expect to continue to swing in a narrow range. Sticking to a long holiday, opening for only 2 days. Investors are waiting for the results of the Fed meeting, giving support at 1,525 points and resistance at 1,545 points.

Mr. Narongdej Chantarapaisan Director of Securities Analysis Department Securities Company (SEC) IRA stated that “Thai stock market trend” Next week is expected to continue to fluctuate in a narrow range. In addition, this week there will be a meeting of US Federal Reserve (Fed) Causing investors to postpone their investment first to wait and see such factors

However, the market is also supported by other stocks such as retail, etc., with support at 1,525 points and resistance at 1,545 points.

In addition, the stock market will be open for only 2 days, since May 1 is national labor daythe 4th of May is coronation day and May 5th is a special holiday

While the Thai stock market on Friday (April 28, 2023) swings sideways towards the downward direction. under pressure from stocks DELTA, PTTEP coupled with light trading From going into the period of continuous long holidays

The market closed at 1,529.12 points, a decrease of 2.11 points (-0.14%), trading value of 45,043.38 million baht. The index fell. The lowest point was 1,524.30 points and the highest point was 1,542.41 points.

2023-04-29 21:44:00
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