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Stock Market Update: Gains of 7.67 Points and Expectations for US Economy | HoonSmart.com

HoonSmart.com>>The stock market this morning gained 7.67 points, swinging sideways. Keep an eye on the vote for the Prime Minister on July 13, while the market expects the US economy to slow down in the second half of the year.

The stock market index on July 10, 2023 at 9:59 a.m. was at 1,498.18 points, an increase of 7.67 points or +0.51%, trading value of 1,512.62 million baht.

Finansia Syrus Securities expects the SET Index to swing sideways around 1,500+- points. Inflation numbers for June, Wednesday night, the market expects Core CPI +0.3% mm, +5% yy. The employment in the non-farm sector slowed down to 210,000 positions, lower than the market expected. But labor wages still increased higher than expected +0.4% mm, +4.4% yy, causing the market to see a clearer slowdown in the US economy in the second half of the year. while inflation still needs to be watched how quickly it will adjust down Resulting in money flowing into bonds, observed from the US 2-year Bond yield that slowed from a peak of 5.12% the previous day to 4.94%.

Short-term, early-midstream energy groups are expected to help support the market following crude oil prices soaring Friday, but the overall upside is still limited. Selective stocks are still focused on strong 2Q23 earnings and will likely continue to be bright in the second half. the year after

The top 5 stocks with the highest trading value are:
BDMS at 27.75 baht, an increase of 1.00 baht or +3.74%, trading value 244.24 million baht
PTTEP was at 152.00 baht, an increase of 1.50 baht or +1.00%, trading value of 107.25 million baht.
CPALL was at 63.50 baht, an increase of 0.75 baht or +1.20%, trading value of 92.74 million baht.
PTT was at 34.00 baht, an increase of 0.25 baht or +0.74%, trading value of 92.68 million baht.
KTB is at 19.20 baht, the price is unchanged. Trading value 90.19 million baht

2023-07-10 03:07:49
#Stocks #morning #rose #points #swinging #sideways #waiting #vote #prime #minister #Hoonsmart

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