Kasikorn Securities Co., Ltd. assessed the movement of the Thai stock index next week between 28-30 Dec ’20, with support at 1,475 and 1,460 points, resistance 1,500 and 1,510 points, respectively, by the Kasikorn Research Center. It is important to monitor window dressing and the purchasing power of the fund group at the end of the year. COVID-19 situation Both at home and abroad As well as being clear about the US economic stimulus package. Other important economic data are U.S. home sales pending shutdown in November And industrial production in November of Japan
For the movement of the Thai stock market in the past week Tremendous fall earlier this week amid concerns about a new coronavirus outbreak in the country as new cases soared before fluctuating sideways during the week pending government measures. Thai stocks rebounded again for the remainder of the week. After the government has not announced measures to lock down the whole country. In addition, there are additional positive factors from the reaching a trade agreement between the EU and the UK. Including buying from institutional investors before the end of the year
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