Thai inventory market circumstances: closed down 7.87 factors, promoting strain within the vitality sector eased – considerations about home politics – considerations concerning the Fed conserving rates of interest excessive.

InfoQuest Information Group (21 Might 2024)

SET closed right this moment at 1,370.83 factors, down 7.87 factors (-0.57%), commerce worth 38,402.65 million Analysts indicated that the Thai inventory market modified right this moment as a consequence of strain on vitality shares after the margin refined to fall and they’re additionally involved concerning the nation’s political points. Along with overseas components, Fed officers got here out to assist conserving rates of interest excessive till inflation clearly goes down. The pattern for Thursday is anticipated to proceed to maneuver sideways. Prepared to withstand at 1,380 factors and assist at 1,365 factors.

SET closed right this moment at 1,370.83 factors, down 7.87 factors (-0.57%), buying and selling worth 38,402.65 million baht.

Inventory buying and selling right this moment The index went down. The bottom level was at 1,367.14 and the best level was at 1,376.94.

When it comes to securities, modifications right this moment elevated by 198 securities, decreased by 287 securities, and remained unchanged by 175 securities.

Mr. Therdsak Thaweethiratham, Deputy Managing Director, Analysis Division, Asia Plus Securities, mentioned that the Thai inventory market right this moment goes down. with an emphasis on the sale of enormous shares within the vitality sector From the particular components within the refining margin that went down. Together with considerations from home components and political components relating to an utility to the Constitutional Courtroom by 40 senators to contemplate the Prime Minister. Within the position of Mr. Phichit Chuenban as Minister within the Workplace of the Prime Minister. However just lately it has turn into clear that he has retired. Makes you relieve a few of your worries.

On the similar time, there are nonetheless further considerations about exterior components relating to the Federal Reserve’s (Fed) rate of interest steerage. After an official from the Atlanta Fed Financial institution department got here out to assist excessive rates of interest Till the inflation clearly decreases In consequence, it’s anticipated that the US rate of interest can be diminished to only one time this 12 months, making it an element that places strain on the inventory market.

The pattern is anticipated to vary on Thursday after tomorrow’s shut. By following the publication of the minutes of the assembly of the Fed. Together with nonetheless following political components within the nation to see what occurs subsequent. With resistance at 1,380 factors, assist at 1,365 factors.

As for the securities with the best buying and selling worth, 5 securities

CPALL buying and selling worth 1,569.43 million baht, closed at 59.25 baht, a rise of 0.75 baht.

NEX buying and selling worth 1,377.39 million baht, closed at 4.06 baht, down 0.40 baht.

PTT buying and selling worth decreased 1,372.01 million baht, closed at 33.75 baht, 0.25 baht.

TOP transaction worth decreased 1,321.99 million baht, closed at 50.50 baht, 1.75 baht.

AOT commerce worth 1,193.72 million baht, closed at 66.00 baht, a rise of 0.25 baht.

By Jirayut Chansongsakul/Ratchada Kongkhunthian