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“Thai Stock Market Falls as US Debt Ceiling and Oil Prices Pressure Index”

SET Closed this morning at 1,519.87 points, down 8.56 points (-0.56%), trading value 31,892 million baht.

morning trading The index moved into negative territory throughout the morning. The lowest level was 1,507.22 points and the highest level was 1,521.94 points.

Mr. Weerawat Wirojpoka, director of securities analysis at Finansia Syrus Securities, the Thai stock market in the morning fell in line with foreign stocks due to negative investment sentiment. After the risk of concern, problems with banks in the US may escalate. And the risk of increasing the US debt ceiling whether it can be done in time for the deadline on June 1 or not, if not, will cause the US government to face debt default problems

At the same time, there is pressure from oil prices, which have dropped sharply by 5% due to the trend of economic slowdown. put pressure on energy stocks and press the index today to drop more In addition, the Thai stock market prepares to enter a long holiday again. Causing pressure to sell off the risk as well

The Thai stock market in the afternoon is expected to continue to swing in negative territory. While the market is still waiting to follow the US Federal Reserve (Fed) meeting tonight whether there will be a signal to stop raising interest rates if there is another 0.25% hike to 5-5.25% according to the market. expect with a resistance of 1,530 points and a support of 1,510 points

The securities with the highest trading value of the 5 securities

PTT trading value 1,662.56 million baht, closed at 30.25 baht, down 0.75 baht.

PTTEP trading value 1,381.45 million baht, closed at 144.00 baht, a decrease of 4.50 baht.

KTB, trading value 1,333.30 million baht, closed at 18.20 baht, an increase of 0.10 baht.

DELTA trading value 1,282.04 million baht, closed at 76.00 baht, down 0.50 baht

ADVANC trading value 913.98 million baht, closed at 212.00 baht, a decrease of 2.00 baht.


2023-05-03 05:50:22
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