The Thai stock market in the afternoon rose more than 10 points to support buying of bank stocks. In response to the big banks began to raise the interest rate on loans. Led by Bangkok Bank (BBL) after the Monetary Policy Committee (MPC) raised interest rates by 0.25% and maintained a positive view on the Thai economy in 2023.
At 3:03 p.m., the SET index was at 1,681.90 points, an increase of 10.56 points (+0.63%).
Mr. Natthapol Khamthakrua, Director of Securities Analysis Department of Yuanta Securities (Thailand), said that the afternoon index rose more than 10 points, receiving foreign capital inflows (Fund Flow) in bank stocks, especially BBL KBANK after seeing that the operating results have passed the lowest point. Also, China will open the country next week as well.
Set the support at 1,675 points and the resistance at 1,685 points.
