Stock news 17:16 hrs. 2024-04-04
SET closed today at 1,373.89 points, down 1.80 points (-0.13%), trading value 30,663.39 million baht.
Stock trading today Index moves in negative territory The index made its lowest point at 1,368.80 points and made its highest point at 1,379.41 points.
As for securities changes today, there was an increase of 150 securities, a decrease of 342 securities, and 171 securities were unchanged.
Mr. Narongdet Chanthapaisarn, Director of Securities Analysis at AIRA Securities, said that the Thai stock market index dropped today but not much. Both positive and negative movements are similar to the region. There are no new factors to support. Investors lowered their expectations after the Federal Reserve (Fed) will begin cutting interest rates this month. June began to have uncertainty. Even when Mr. Jerome Powell, Chairman of the Fed, reiterated his view that the Fed will definitely cut interest rates this year. But the US economic numbers are still strong. And the market is still unsure how many times the Fed will cut interest rates this year.
Our market continues to face selling pressure from banks. Responding to concerns, the Monetary Policy Committee (MPC) will cut interest rates next week. However, there is still purchasing power in the energy sector, still supporting the market to some extent.
The trend of the Thai stock market tomorrow is expected to swing sideways. But as the Songkran festival approaches, purchasing power will subside. And foreign investors will likely sell to reduce risk before the release of important US economic numbers next week.
The support level is 1,370 points and the resistance level is 1,385 points.
As for the securities with the highest trading value, 5 securities
SCB trading value 1,624.89 million baht, closed at 111.50 baht, decreased 1.00 baht.
CPALL trading value 1,406.60 million baht, closed at 55.50 baht, an increase of 0.50 baht.
BBL trading value 1,260.84 million baht, closed at 136.50 baht, decreased 0.50 baht.
TISCO trading value 1,153.32 million baht, closed at 98.75 baht, decreased 0.50 baht.
PTTEP trading value 1,150.68 million baht, closed at 158.00 baht, an increase of 0.50 baht.
By InfoQuest News Agency (04 Apr. ’24)
Tags: SET, Narongdet Chanthapaisarn, Thai stock market, Thai stocks
2024-04-04 10:16:48
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