Explore 9 top stocks to benefit from the “Thailand Focus” event, intended to attract more foreign investors to invest in the Thai stock market.

Follow the Thailand Focus event, which will be held this year on August 28-30. Proposing purchases, proposing purchases in groups with the intention of benefiting from the work, such as industrial estates AMATA, WHA / digital such as ADVANC, GULF, DELTA / medical such as BDMS, BH / energy such as PTT, IVL

Analysts at Liberator Securities Company Limited disclosed that, following the Thailand Focus event, held this year on August 28-30, it is expected to attract more foreign investors to invest in the Thai stock market. Along with the statistics of the past events from 2018-2023, it was found that SET often increased by an average of +1.05% during the event period.

However, in the short term, the SET has started to enter the important resistance level around the EMA200 moving average at the level of 1373 points, so this could be a factor that needs more attention.

Analysts at Kingsford Securities Public Company Limited revealed that they recommend buying groups gradually with the expectation of benefiting from the Thailand Focus event, such as AMATA industrial estates, WHA / digital such as ADVANC, GULF, DELTA / medical such as BDMS, BH / Energy such as PTT, IVL

Although Asia Plus Securities Company Limited believes that Affairs Between 28 – 30 August 2024, there was an event THAILAND FOCUS 2024 with listed companies. The registration of the event reached 113 companies, continuing with 3 additional regulatory measures to help the capital market. Which will come into effect from 2 September 2024 with details as follows.

1. Increasing the intensity of measures to monitor the trading of securities that are traded outside the normal conditions (“CASH BALANCE”) from the current measures. By adding a method to match a trade at one time (AUCTION) according to the period specified by the Stock Exchange, that is PRE-OPEN 1, PRE-OPEN 2 and PRE-CLOSE, on be used for securities that meet the CASH BALANCE criteria from level 2 and above.

2. Set a DYNAMIC PRICE BAND trading price frame for each security (± 10% from the latest trading price of that security) plus the current CEILING & FLOOR (± 30% from the previous business day’s closing price) to reduce volatility

3. Set the minimum trading order period. Before the order can be edited or canceled (THE LATEST UPDATE), the trade order must remain in the system for at least 250 milliseconds before it can be edited or canceled.

4. Furthermore, if you consider the trading value, you will see a qualitative increase, which is the average daily trading value. After receiving the 31st Prime Minister (4 working days), equal to 46.8 billion baht, plus 27% from July (average transaction value in July at 36.7 billion baht) and plus 10% from the beginning of the year to the present day. (The average transaction value this year is 42.5 billion baht)

Therefore, the whole THAILAND FOCUS 2024 event includes 3 steps to increase market orientation. It should help support the value of quality Thai stock trading (excluding SHORT SELL) gradually increase from August when the average trading value excluding SHORT SELL was as high as 42.6 billion baht, which is go up already. to 21% in the previous month, 11.9% from the beginning of the year to date to further increase It should also help push TURNOVER at 67% annually in August to return to above 70%.