Mr. Chaiphon Nomphitakcharoen Managing Director Securities trading division Bualuang Securities Said that the Thai stock market dropped today, falling below 1,400 points again, with the main pressure from the Monetary Policy Committee (MPC) lowering its forecast for the Thai economic numbers for both 2023 and 2024, affecting sentiment. Investment At the same time, there is still continued selling pressure of large stocks including AOT, CPALL, CPAXT and DELTA from unique factors. It is another factor that exerts significant pressure on the index.
As for other stock markets in Asia, most of them also dropped today. It is expected to come from selling to reduce risk before announcing China’s November purchasing PMI numbers, which are likely to come out lower than the market’s expectation of 49.8 points.
Tomorrow’s trend is that the market is likely to swing sideways. You’ll have to follow tomorrow’s China Purchasing PMI report. Because it will affect the stock market sentiment in the region and the OPEC+ meeting will affect stocks in the energy group. The market expects that the period for reducing oil production will be extended beyond the end of this year.
The resistance level is 1,400 points and the support level is 1,380 points.
The securities with the highest trading value 5 Securities
AOT Trading value 6,453.70 million baht, closed at 59.00 baht, decreased 1.50 baht.
CPALL Trading value 4,867.03 million baht, closed at 51.75 baht, decreased 3.00 baht.
PTTEP Trading value 2,011.42 million baht, closed at 153.00 baht, decreased 0.50 baht.
DELTA Trading value 1,435.93 million baht, closed at 77.00 baht, decreased 4.75 baht.
GPSC Trading value 1,022.97 million baht, closed at 47.75 baht, an increase of 1.75 baht.
2023-11-29 10:30:50
#SET #closed #points #MPC #cut #GDP #advised #eye #Chinas #PMI #numbers #tomorrow