Thai stock market conditions: closed negative 9.68 points, receiving a negative feeling from the fear of “Trump”

SET Closed today at 1,460.64 points, down 9.68 points (-0.66%), trade value 54,423.95 million baht, analyst indicates that the Thai stock market fell after negative sentiment abroad after polls showed election votes.The President of the United States “Trump” makes “Harris” worry about changesDecrease interestIt may be lower than expected, with Bond Yield moving up gradually. Meanwhile, Asian stock markets fell accordingly. Including the value of regional currencies, including the baht, depreciated. Tomorrow, the support level is 1,455 points, the resistance level is 1,475-1,480 points.

SET closed today at 1,460.64 points, down 9.68 points (-0.66%), trading value 54,423.95 million baht.

Stock trading today Index is going down and at the end of the hour it fell to the lowest point of 1,458.67 points and the highest point to 1,476.58 points.

In terms of securities, changes today increased by 176 securities, decreased by 281 securities, and remained unchanged by 204 securities.

Mr. Sarawut Techochawalit, Senior Director of Securities Analysis Department, RHB Securities (Thailand), said that the Thai stock market has fallen today. According to the latest poll of Americans who have the right to vote in the US presidential election, former President Donald Trump has a 51% lead while Vice President- Kamala Harris sits on 49%, causing the US stock market to gain strength Sell to take a profit while we await the results of the election on November 5th.

If Trump wins the election This could cause the view of the Federal Reserve (Fed) to reduce interest rates to change from this month. November 2024 – December 2025 or 14 months gradually climbing up It is currently at 4.2% and is expected to increase to 4.5-4.6%.

And if Trump’s votes leave him, it will be difficult for Fund Flow to come back in, with currencies in Asia depreciating. The baht itself has returned to depreciation, so the Thai stock market is expected to remain dependent on foreign markets in these 2 weeks.

Mr. Sarawut said that the fund side, including Vayupak, did not object. Do not enter and press the menu. Wait for the contraction and then buy. Because there is no need to buy Today, the group of power plants except GULF fell, especially BGRIM and GPSC, emphasizing the idea that US interest rates may not go to cut as much as previously expected, however, in European stock markets The market opened this afternoon and went back. You may see the Thai stock market bounce back next week. If the index does not go down 1,455 points tomorrow.

Provides support at 1,455 points, resistance at 1,475-1,480 points.

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

SCB trading value 2,481.18 million baht, closed at 113.50 baht, an increase of 0.50 baht.

The trading value of BBL decreased by 2,358.26 million baht, closed at 149.00 baht, 1.50 baht.

DELTA trade value 2,023.47 million baht, closed at 135.00 baht, an increase of 3.50 baht.

The trading value of PTTEP decreased by 2,022.01 million baht, closed at 125.50 baht, 0.50 baht.

ADVANC transaction value 2,003.33 million baht, closed at 275.00 baht, price unchanged.

By Saowalak Ponphon/Sasithorn Simaporn