Editor’s Picks, Stock News 2 Apr. ’24 17:09 2024-04-02
SET closed today at 1,379.46 points, down 0.02 points (0.00%), trading value 38,240.09 million baht. Analysts Indicating that the Thai stock market is swinging sideways today, lacking new factors to support it, with pressure from 2 groups of sellers, namely the retail group, concerned about high competition. and the bank group from next week’s expectation MPC cuts interest rates But there are still stocks in the energy group that are positive, receiving high oil prices, helping to support the market somewhat. Tomorrow’s trend expects the market to swing sideways. Waiting to follow US employment numbers. and Thai inflation this Friday The support level is 1,373 points and the resistance level is 1,385 points.
SET closed today at 1,379.46 points, down 0.02 points (0.00%), trading value 38,240.09 million baht.
Stock trading today Side swing index The index made its lowest point at 1,374.77 points and made its highest point at 1,382.01 points.
As for securities, changes today increased by 207 securities, decreased by 246 securities, and remained unchanged by 204 securities.
Mr. Nattaphon Khamthakruea, Director of Securities Analysis, Yuanta Securities (Thailand) stated that the Thai stock market today is swinging sideways, lacking new supporting factors. There was selling pressure from 2 groups of stocks: retail stocks such as CPALL and CPAXT, which dropped from concerns of increased competition. and the bank group from the expectation that the Monetary Policy Committee (MPC) will cut interest rates at its meeting next week. This has a negative impact on commercial bank interest rate spreads.
However, there is still buying power in the energy sector as oil prices rise, helping to keep the market stable. There was also a positive factor with the release of the Purchasing Managers’ Index (PMI) for the manufacturing sectors of China, the United States, and Europe, which came out better than expected. In addition, today’s trading volume has increased from yesterday, even though the index has not gone anywhere. But it reflects confidence starting to return.
Tomorrow’s trend expects the index to swing sideways. Investors are waiting to follow the release of non-agricultural employment figures for March. of the United States and Thailand’s inflation figures will be reported on Friday. The support level is 1,373 points and the resistance level is 1,385 points.
As for the securities with the highest trading value, 5 securities
PTTEP trading value 2,030.15 million baht, closed at 155.00 baht, an increase of 4.00 baht.
KTB trading value 1,813.83 million baht, closed at 16.60 baht, decreased 0.30 baht.
KBANK trading value 1,795.46 million baht, closed at 122.50 baht, decreased 1.50 baht.
CPALL trading value 1,617.39 million baht, closed at 54.00 baht, decreased 0.50 baht.
CRC trading value 1,209.30 million baht, closed at 34.75 baht, decreased 0.50 baht.
By InfoQuest News Agency (02 Apr. ’24)
Tags: Natthaphon Khamthakruea, Thai stocks
2024-04-02 10:09:19
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