Thai stocks closed down -6.63 points. Analysts pointed out that the selling pressure of large stocks put pressure on the market. Especially Delta and the electronic components group. There is also a surge in US bond yields. This caused pressure to sell stocks in the technology sector, pushing the Nasdaq index down as well. Evaluate next week’s investment framework at the support level of 1,420 points and resistance level of 1,450 points, indicating that it may shrink somewhat but is expected to stay above positive territory.
The Thai stock market closed trading on January 5, 2024, dropping -6.63 points or -0.46%, closing at 1,427.96 points, trading value 51,141.32 million baht, while overall stock trading today, the index dropped throughout the day. During the day it rose to a maximum of 1,438.10 points, in the opposite direction it dropped to a minimum of 1,425.40 points.
Meanwhile, the number of securities that changed today increased by 251 securities, remained unchanged by 153 securities, and decreased by 243 securities.
In terms of trading volume classified by investor group, it was found that Foreign investors sold a net of more than -3,096.17 million baht. On the other hand, it was found that Domestic investors made net purchases of more than +1,882.49 million baht, securities company accounts made net purchases of more than +342.53 million baht, and institutional investors made net purchases of more than +871.14 million baht.
As for the securities with the highest trading value, 5 securities
1.AOT trading value 2,462.55 million baht, closed at 63.50 baht, decreased 0.50 baht.
2.ADVANC trading value 2,121.45 million baht, closed at 214.00 baht, decreased 5.00 baht.
3.CPALL trading value 2,040.29 million baht, closed at 55.50 baht, decreased 0.50 baht.
4.KBANK trading value 1,954.82 million baht, closed at 136.00 baht, an increase of 1.50 baht.
5.DELTA trading value 1,883.64 million baht, closed at 84.25 baht, decreased 2.75 baht.
As for the SET100 Index, the five rankings with the most positive price increases are:
1.AEONTS closed at 163.00 baht, an increase of 5.00 baht or 3.16%.
2.BH closed at 227.00 baht, an increase of 3.00 baht or 1.34%.
3.KBANK closed at 136.00 baht, an increase of 1.50 baht or 1.12%.
4.PTTEP closed at 151.00 baht, an increase of 1.50 baht or 1.00%.
5.BBL closed at 155.50 baht, an increase of 1.00 baht or 0.65%.
As for the SET100 Index, the five rankings with the biggest price declines are:
1.ADVANC closed at 214.00 baht, a decrease of 5.00 baht or 2.28%.
2.SAPPE closed at 89.00 baht, a decrease of 3.25 baht or 3.52%.
3.DELTA closed at 84.25 baht, a decrease of 2.75 baht or 3.16%.
4.SCC closed at 301.00 baht, down 2.00 baht or 0.66%.
5.GPSC closed at 48.75 baht, a decrease of 1.75 baht or 3.47%.
While the SET100 index closed at 1,941.17 points, a decrease of -14.51 points or -0.74%, the SET50 index closed at 874.81 points, a decrease of -6.63 points or -0.75%, and the mai market index closed at 419.50 points, a decrease of -2.75 points or -0.65%.
Mr. Narongdet Chanthapaisarn, Director of Securities Analysis at AIRA Securities, said that today’s Thai stock market index is swinging sideways, showing signs of trying to recover. But there was not enough support. Meanwhile, there was strong selling pressure on large stocks, especially DELTA stocks and electronic components, which came to put pressure on the market. The US government bond yield (bond yield) tried to rebound. Stimulating selling pressure in technology stocks, causing the Nasdaq index to remain closed in negative territory.
In addition, oil prices are volatile. and the market has no new factors to support it After being aware of the prediction that the US Federal Reserve (Fed) will reduce interest rates.
“Next week’s market trend expects the index to swing sideways in the support area of 1,420 points. It may shrink somewhat but is expected to stand and the resistance level is 1,450 points,” Mr. Narongdet concluded.
2024-01-05 11:45:00
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