“Kasikorn Securities” points out next week’s SET frame at 1,350-1,410 points, hoping for a Fed meeting – inflows.

Kasikorn Securities Company Limited stated that the Thai stock index trend forecast for the week (December 11-15) has a support level of 1,365-1,350 points, while the resistance level is 1,400-1,410 points, respectively, by the Kasikorn Research Center. Evaluate important factors to follow, including the Federal Reserve (Fed) meeting on December 12-13 and the direction of foreign capital.

Important US economic data includes the Consumer Price Index. Producer Price Index Retail sales and industrial production in November PMI index (preliminary) for December, including the number of weekly jobless claims. While other foreign factors include the meetings of the Bank of England (BOE) and the European Central Bank (ECB), the PMI index (preliminary) in December of Japan, the Eurozone and England. as well as economic data for November of China, such as retail sales, investment in fixed assets

As for the Thai stock index, it closed close to the previous week. Thai stocks moved up from the beginning to the middle of the week. There is strong buying of big cap stocks in many industries. It is expected to benefit from the TESG fund and predicts the Fed’s interest rate maintenance at next week’s meeting. Thai stocks fell sharply later. amid selling pressure from foreign investors Especially stocks in the energy sector After the price of oil in the world market dropped and big cap stocks in the technology sector Due to concerns that they would be left out of the SET50 and SET100 index calculations, however, Thai stocks bounced back partially at the end of the week. with the force of buying back stocks from electronic component manufacturers to help support

Incidentally, on Friday, December 8, 2023, the SET Index closed at 1,380.99 points, an increase of 0.05% from the level at the end of the previous week. Meanwhile, the average daily trading value was 37,650.03 million baht, down 21.14% from the previous week. The mai index increased 0.73% to close at 400.51 points.