Mr.Charanwet Saksri Director of an Investment Advisory Company Classic Australian Futures Co., Ltd. that buying and selling SET50 Index Futures is going up today. Strong purchases of large stocks support the index, especially DELTA, the GULF bank group. AOT and SCC which is comingNESDBIt is reportedGDP3Q24 came out to grow 3%, much higher than market expectations, making it a supportive factor for the index today.
Tomorrow’s trend is expected to move sideways. Waiting for a meeting of the government’s economic stimulus policy committee to follow to find out what will be issued. how did you come This will affect the Thai stock market sentiment. and influencing the direction of the index The resistance level is 950 points and the support level is 930 points.
The price of gold has improved. and moving within the frame A feature supporting the gold price from US President Joe Biden allowed Ukraine to use US-made missiles to penetrate deep into the border of the Russia. cause Tensions increased over the situation. and it is a factor that supports the price of gold Although other factors do not affect the price of gold, it provides resistance at 2,600 USD/ounce. Yes, the first line of resistance was not yet able to change to confirm the support level of 2,570 USD / ounce.
The SET50 index closed today at 938.91 points, up 7.35 points, +0.79%.
Unique Total Market Size 388,580 3,156,932 Total Income 381,531 3,020,647 Equity Index 210,340 656,373 SET50 Index 210,340 656,373 Sector Index – -91 Single Stock 2,65 58,873 70, 688 – GF 63 250 – GF10 6,787 10,281 – Gold Online 51,653 56,233 – Silver Online 370 3,924 Precious Metal Deferred – 1 – GOLD-D – 1 Silver 46,165/2002 38,111 189,959 – EUR/THB 9 147 – JPY/THB 1,018 1,462 – EUR/USD 537 4,803 – USDJPY 6,690 14,921 Interest rate – – Agriculture 1 417 – JRF 1 3 – RSS – options 7,049 136,285 Call 3,463 55,382 Send 3,586 80,903 Summary of trading volume by investor group Investors institutional investors foreign Domestic future investors +5,268 +9,976 -15,244 Options -190 -1,559 +1,749
By Jirayut Chansongsakul/Saowalak Phon
2024-11-18 11:32:00
#Derivatives #market #conditions #Support #buying #large #stocks #Thai #GDP #expected
Dear Reader, welcome to our exclusive interview with Mr. Charanwet Saksri, Director of an Investment Advisory Company Classic Australian Futures Co., Ltd. and Tom Johnson, a seasoned trader in the Thai stock market. Today, we will be discussing the current market conditions, the impact of large stock purchases, the recent GDP report, and the trend of the Thai stock market.
Could you please tell us about your analysis of the current market conditions in Thailand? What are some of the key factors that have contributed to the recent uptick in the SET50 Index Futures?
Mr. Charanwet: Thank you for having me here. As per our analysis, the recent uptick in the SET50 Index Futures can be largely attributed to strong purchases of large stocks, particularly those in the banking sector like DELTA and GULF, as well as AOT and SCC. Additionally, NESDB’s recent GDP report for the third quarter of 2024 showing a growth of 3%, higher than market expectations, has also added to the positive sentiment in the market. these factors have led to a bullish trend in the Thai stock market, with the index closing at 938.91 points, up by 0.79%.
Tom, as a seasoned trader, would you agree with this assessment? Are there any other factors that you believe have contributed to the market’s performance recently?
Tom: From my perspective, I would say that the government’s economic stimulus policies and their potential impact on the market sentiment also play a significant role in the current market conditions. The SET50 Index Futures have been performing well due to investor confidence in the Thai economy. Moreover, the ongoing geopolitical tensions and the loosening of COVID-19 restrictions have also contributed positively to the market.
What is your opinion on the trend of the Thai stock market for the next few days? Do you anticipate any significant changes or fluctuations based on the upcoming government meetings or other economic indicators?
Charanwet: Based on the current market conditions, we foresee a sideways movement for the Thai stock market tomorrow. However, the upcoming meeting
