Thai stock market conditions: closed down 1.87 points, moving narrowly, Wait & See, waiting for US election results.

SET Closed today at 1,464.17 points, down 1.87 points (-0.13%), trading value of about 32,853.63 million baht.

Stock trading today The index fluctuates within a narrow range. The highest point was at 1,466.91 points and the lowest point was at 1,459.26.

In terms of securities changes today, there was an increase of 162 securities, a decrease of 284 securities, and 208 securities unchanged.

Thanomsak Saharatchai, Deputy Managing Director and Head of Research at Krungthai Xspring Securities, said that the Thai stock market today fluctuated within a narrow range, similar to other Asian stock markets. Investors also chose to delay investing while monitoring the results of the US Presidential Election (US Election) next week. Because if Mr. Donald Trump wins, that could change stock markets around the world. But if Mrs. Kamala Harris wins, it is likely to have a positive effect on stock markets around the world. Make investors choose WaitSee

However, there is still support from stock speculation that 3Q24 results are expected to be good.

Market trends are expected next week. Still moving within a narrow range until US election day. If Trump has a chance to become president, he could pressure the SET to adjust down to confirm the support at 1,430 points, but if Harris wins, he may support the SET until the confirm an initial level of 1,500 points.

Tonight, we recommend after the publication of figures for non-agricultural employment in October in the United States The Boeing strike is expected to have an impact on the market. and hurricane conditions Important factors for next week In addition to the US elections there will also be the FOMC meeting, Thai inflation report. and Cabinet (Cabinet) meetings.

By next Monday (November 4) the support level is at 1,456 points and the resistance level is between 1,466-1,470 points.

As for the securities with the highest trading value, 5 securities

GULF trading value decreased 1,943.00 million baht, closed at 66.00 baht, 0.50 baht.

DELTA trade value 1,795.85 million baht, closed at 138.00 baht, unchanged.

The trading value of ADVANC decreased by 1,259.51 million baht, closed at 272.00 baht, 3.00 baht.

The trading value of TRUE decreased by 1,243.92 million baht, closed at 12.20 baht, 0.10 baht.

CPALL trading value 1,138.62 million baht, closed at 63.50 baht, an increase of 0.25 baht.

By Phacharathon Phumikham/Ratchada Kongkhunthian