Thai stocks closed up 17.26 points, the brokerage said the SET INDEX rose in a positive direction as the market eased worries about US inflation which had already peaked and fund flows in the Thailand stock market. It has contributed significantly to driving the index. Looking at the investment picture tomorrow, resistance index at 1.695-1.700 points and support at 1.680-1.1685 points.
The Thai stock market ended trading on January 9, 2023, rising +17.26 points or +1.03%, closing at 1,691.12 points, trading value of 78,508.44 million baht. The index moved in positive territory throughout the day. During the day it rose to a high of 1,693.42 points, while, instead, it fell to a low of 1,684.90 points.
While stocks changed today were up by 1,031 stocks, 453 were unchanged and down by 586.
With regard to the trading volume classified by investor group, it emerged that foreign investors net purchases exceeding +4,337.19 million baht and net purchases on account of securities exceeding +35.54 million baht. Domestic investors reported net sales of -4,370.01 million baht and institutional investors reported net sales of over -2.73 million baht.
Stocks with the highest trading value of the 5 stocks
1.DELTA, trade value 3,825.27 million baht, closed at 842.00 baht, an increase of 34.00 baht
2.CPALL, trade value 3,628.81 million baht, closed at 73.00 baht, an increase of 2.75 baht
3. Trade value MTC 2,248.65 million baht, closed at 41.00 baht, an increase of 4.00 baht
4.BANPU, trade value 1,877.53 million baht, closed at 12.50 baht, an increase of 0.20 baht
5.KBANK, trade value 1,838.56 million baht, closed at 154.50 baht, an increase of 1.50 baht
The SET100 index with the biggest gains in 5 rankings are:
1.MTC closed at 41.00 baht, an increase of 4.00 baht or 10.81%
2.TIDLOR closed at 31.75 baht, up 3.00 baht or 10.43%
3.SINGER closed at 29.75 baht, up 2.75 baht or 10.19%
4.SAWAD closed at 52.50 baht, up 4.50 baht or 9.38%
5.PSL 15.40, closed at 16.40 baht, an increase of 1.20 baht or 7.89%
As for the SET100 index, the top 5 declining prices are:
1.EA closed at 90.50 baht, down 1.75 baht or 1.90%
2.GLOBAL closed at 22.40 baht, down 0.40 baht or 1.75%
3.AWC closed at 6.30 baht, down 0.10 baht or 1.56%
4.BYD closed at 12.80 baht, down 0.20 baht or 1.54%
5.BEM closed at 9.60 baht, down 0.15 baht or 1.54%
While the SET100 index closed at 2,286.56 points, an increase of 25.08 points or 1.11%, the SET50 index closed at 1,017.96 points, an increase of 10.35 points or 1, 03% and the main market index closed at 585.85 points, up 10.07 points or 1.75%.
Mr. Chaiyaporn Nompitakcharoen Deputy General Manager of Bualuang Securities, said the Thai stock market index rose today in the same direction as Asian stock markets. The support factor is the easing of fears about US inflation which has passed its peak and gradually been revised downwards with US hourly wages rising less than expected. This is something the US Federal Reserve (Fed) may consider slow down interest rates. Because although the nonfarm payroll numbers were higher than expected, wages have slowed.
At the same time, the aforementioned factors caused US bond yields to fall, pushing financial stocks that had in the past been under pressure to stand out. And the rapid appreciation of the baht has also helped buoy the flows of funds flowing into the Thai stock market. It has contributed significantly to driving the index.
Looking at the Thai stock market tomorrow, it is expected to go sideways after a fairly large rally and a limited rally. The US inflation report is to be watched this week. with resistance 1.695-1.700 points, support 1.680-1.1685 points
