Red raised the panel! Thai stocks drop 80 points, causing COVID epidemic in the country The market manager has an urgent statement at 5:00 PM!
Ms. Teerada Chan Yingyong, Director of Securities Analysis of Phillip Securities (Thailand), revealed the overview of the Thai stock market on December 21, 2020, that the market today is being sold heavily in every industry. Impact of COVID-19 cases At Samut Sakhon Province Which the situation still needs to be monitored closely The more people reported with the infection. Especially if someone is infected outside Samut Sakhon, it will make the Thai stock market rise quite difficult.
Today, the market closed at 1,401.78 points, down 80.60 points or -5.44%. Trading value is 129,430.44 million baht, which seems to be a negative centiment further. Therefore, the likelihood that the index dropped 1,400 points is still high.
Look at the frame for tomorrow’s movement (22 Dec ’20), the next support 1,380-1,370 points, while the resistance at 1,430 points indicates the direction of the correction index is down, but may be less than today. Except there was a large number of announcements of infection outside Samut Sakhon province.
The Stock Exchange of Thailand (SET) reported that today at 5:00 p.m. Dr. Pakorn Peetathawatchai, Director and Manager SET prepares announcements via Microsoft Teams system to discuss SET conditions
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