Home » Business » Thai Stock Market Closes Slightly Lower Amid Dollar’s Strengthening Exchange Rate

Thai Stock Market Closes Slightly Lower Amid Dollar’s Strengthening Exchange Rate

Thai stocks closed -0.15 points. Brokers revealed the situation of the dollar’s strengthening exchange rate. In addition, bond yields have increased, putting pressure on Asian currencies. causing foreigners to slow down investment Looking at tomorrow’s investment framework, the support level is at 1,380 points and the resistance level is at 1,395-1,400 points. It is recommended to keep an eye on foreign factors, including conflicts in the Middle East. As for domestic factors, it is still the Cabinet-MPC meeting and digital wallet progress.

The Thai stock market closed for trading on February 5, 2024, decreasing -0.15 points or -0.01%, closing at 1,383.93 points, trading value 41,218.21 million baht, while the overall stock trading today The index fluctuated within a narrow range, rising to a maximum of 1,389.67 points during the day. In the opposite direction, it dropped to a low of 1,379.86 points.

Meanwhile, the number of securities that changed today increased by 246 securities, remained unchanged by 186 securities, and decreased by 227 securities.

In terms of trading volume classified by investor group, it was found that foreign investors net purchases of more than +160.34 million baht and domestic investors net purchases of more than +221.67 million baht. On the other hand, it was found that the securities market accounts net sold more than -90.20 million baht and institutional investors net sold more than -291.81 million baht.
As for the securities with the highest trading value, 5 securities
1.BDMS trading value 2,375.90 million baht, closed at 28.50 baht, an increase of 0.50 baht.
2.AOT trading value 2,316.98 million baht, closed at 63.75 baht, an increase of 1.00 baht.
3.TTB trading value 1,116.36 million baht, closed at 1.87 baht, an increase of 0.08 baht.
4.CPALL trading value 1,070.39 million baht, closed at 54.50 baht, an increase of 0.25 baht.
5.PTTEP trading value 999.95 million baht, closed at 152.00 baht, an increase of 0.50 baht.

As for the SET100 index, the 5 rankings with the most positive price increases are:
1.HANA closed at 50.25 baht, an increase of 1.75 baht or 3.61%.
2.AEONTS closed at 154.50 baht, an increase of 1.50 baht or 0.98%.
3. KCE closed at 45.25 baht, an increase of 1.00 baht or 2.26%.
4.AOT closed at 63.75 baht, an increase of 1.00 baht or 1.59%.
5.MOSHI closed at 53.25 baht, an increase of 0.75 baht or 1.43%.
As for the SET100 Index, the five rankings with the biggest price declines are:
1.SCC closed at 272.00 baht, a decrease of 4.00 baht or 1.45%.
2.BH closed at 239.00 baht, a decrease of 3.00 baht or 1.24%.
3.ADVANC closed at 219.00 baht, a decrease of 2.00 baht or 0.90%.
4.CPN closed at 62.50 baht, a decrease of 1.75 baht or 2.72%.
5.CRC closed at 32.25 baht, a decrease of 0.75 baht or 2.27%.

While the SET100 index closed at 1,876.39 points, a decrease of -0.92 points or -0.05%, the SET50 index closed at 846.52 points, a decrease of -0.79 points or -0.09%, and the mai market index closed at 410.56 points, an increase of 1.55 points or 0.38%.

Mr. Weerawat Wirojphoka, Director of Securities Analysis at Finansia Syrus Securities, said that the Thai stock market today fluctuated sideways. Reduce the heat after adjusting quite well. Meanwhile, Asian stock markets move in a mix of positive and negative movements. After the US economic numbers came out stronger than expected. As a result, the dollar strengthened and US government bond yields (bond yields) rose, putting pressure on Asian currencies. Affecting foreigners to delay investment.

However, despite negative factors affecting But there is still buying power to help support the market in large stocks such as AOT, TTB, BDMS and CPALL. It is estimated that there is still buying power from foreign investors flowing in.

“Tomorrow’s trend is expected that the index will be stable. Investors are waiting to follow the Cabinet (Cabinet) meeting and the Monetary Policy Committee (MPC) meeting to follow the direction of Thailand’s interest rates. Including a report on the opinions of the National Anti-Corruption Commission (NACC) on digital wallets. Meanwhile, external factors follow conflict issues in the Middle East. Including reporting China’s inflation figures this week. The support level is 1,380 points and the resistance level is 1,395-1,400 points,” Mr. Wirawat concluded.

2024-02-05 14:32:00
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