Thai stock market conditions: closed negative 5.20 points, contracted after touching 1,500.

SET Closed today at 1,489.82 points, down 5.20 points (-0.35%), trade value 64,683.47 million baht.

Stock trading today The index rose in the morning. But in the afternoon it fell, making the highest point 1,506.82 points and the lowest point 1,488.61 points.

Regarding securities, changes today increased by 127 securities, decreased by 349 securities, and remained unchanged by 183 securities.

Mr. Suraphon Weeramethikul, Deputy Managing Director Kasikorn Securities investment strategy team leader said the Thai stock market declined after the <a href="https://www.world-today-news.com/the-stock-index-rose-through-1500-points-benefiting-from-strong-baht-buying-from-foreign-countries/" title="The stock index rose through 1,500 points, benefiting from strong baht – buying from foreign countries.”>SET index reached 1,500 points. US economic numbers continue to look good. Meanwhile, China’s economy expanded 4.6% in the third quarter of 2024 compared to the same period last year, higher than expected, and China’s industrial output in September expanded 5.4% compared to last year, up from 4.5% in August positive for the Thai stock market.

Next week’s trend: The Thai stock market is expected to correct. After the market rose significantly Please follow the announcement of the operating results of the 3rd quarter of 2024 of the banking group. Overall, the banking group (excluding KBANK) is expected to decline 4% from the previous quarter (QoQ) and follow the tone of executives regarding the overall economy. and set credit targets

The support level is at 1,480 points and the resistance level is at 1,520 points.

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

The trading value of ADVANC decreased by 4,947.34 million baht, closed at 282.00 baht, 15.00 baht.

CPALL trading value 3,889.64 million baht, closed at 67.50 baht, an increase of 1.75 baht.

GULF trading value decreased by 3,419.95 million baht, closed at 68.25 baht, 1.25 baht.

DELTA trade value 2,064.92 million baht, closed at 130.50 baht, an increase of 4.50 baht.

PTTEP trading value 1,854.29 million baht, closed at 129.00 baht, price unchanged.

By Saowalak Ponphon/Ratchada Kongkhunthian