Reporter “Miti Stock” reports that Asia Plus Securities analysts revealed that they expected the afternoon index to move in the support level of 1,385 points and resistance level of 1,395-1,398 points, following the Cabinet meeting. The important point is Consideration of the fiscal year 2024 expenditure budget of 3.485 million baht will be expedited to the beginning of April from the original disbursement period of late April to early May. Including the minimum wage increase of 400 baht is positive for the retail sector. construction contractor
Meanwhile, there is pressure for the BoT to reduce interest rates around the April 10, 2024 meeting, which will be a faster reduction than the FED, causing the interest rate difference between the United States and Thailand to be at 3%, resulting in the baht depreciating. Affecting Fund Flow and putting pressure on the Thai stock market
Recommended stocks BEM support price 7.90 baht, resistance price 8.35 baht, PTG support price 9.20 baht, resistance price 9.75 baht.
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2024-02-27 07:08:02
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