“Thai Stock Market Falls Due To Delta And PTTEP Stocks, Leading Up to US Fed Meeting”

Thai stocks closed -2.11 points. Analysts pointed out that the SET INDEX was pressured by DELTA and PTTEP stocks that fell. Causing trading volume to be thin, although trading in the morning is in positive territory. In addition, a long holiday at the beginning of May suggests to keep an eye on the results of the Fed meeting. Ready to evaluate the investment framework for next week, support at 1,525 points and resistance at 1,545 points.

The Thai stock market closed for trading on April 28, 2023, down -2.11 points or -0.14%, closing at 1,529.12 points, trading value 45,043.38 million baht, while overall stock trading today, the index fell after the opening of the afternoon trading Intraday rose to a maximum of 1,542.41 points, on the other hand, dropped to a minimum of 1,524.30 points.

While the securities that changed today increased by 628 securities, 482 remained unchanged, and decreased by 712.

Regarding trading volume classified by investor groups, it was found that Foreign investors net sold more than -2,722.20 million baht and securities accounts sold more than -364.44 million baht. Institutional investors net buy +1,820.88 million baht and domestic investors net buy +1,265.76 million baht.

The securities with the highest trading value of the 5 securities
1.DELTA, trading value 2,755.74 million baht, closed at 72.75 baht, down 2.05 baht
2.PTTEP, trading value 1,882.09 million baht, closed at 148.00 baht, down 3.50 baht
3.KBANK, trading value 1,512.04 million baht, closed at 125.00 baht, down 1.50 baht
4.CPALL, trading value 1,372.46 million baht, closed at 64.75 baht, an increase of 0.25 baht
5.SCB trading value 1,331.22 million baht, closed at 103.50 baht, price unchanged.

The SET100 index with the highest gains in 5 rankings are:
1.SCC closed at 314.00 baht, an increase of 3.00 baht or 0.96%
2.SAWAD closed at 55.50 baht, an increase of 1.25 baht or 2.30%
3.JMART closed at 19.80 baht, an increase of 1.20 baht or 6.45%
4.JMT closed at 39.50 baht, an increase of 0.75 baht or + 1.94%
5.CENTEL closed at 54.75 baht, an increase of 0.75 baht or 1.39%

As for the SET100 index, the top 5 declining prices are:
1.PTTEP closed at 148.00 baht, a decrease of 3.50 baht or 2.31%
2.DELTA closed at 72.75 baht, down 2.05 baht or 2.74%
3.KBANK closed at 125.00 baht, a decrease of 1.50 baht or 1.19%.
4.RCL closed at 24.20 baht, down 1.30 baht or 5.10%
5.EGCO closed at 156.50 baht, down 1.00 baht or 0.63%

While the SET100 index closed at 2,059.63 points, a decrease of -4.10 points or -0.20%, the SET50 index closed at 922.72 points, a decrease of -2.26 points or -0.24% and the mai market index closed at 501.99 points, a decrease of -1.36 points or -0.27%.

Mr. Narongdej Chantaraphaisarn, Director of Securities Analysis Department, AIRA Securities, said that the Thai stock market today was swinging sideways in a downward direction. which was pressured by DELTA and PTTEP stocks, coupled with light trading From entering the period of a long holiday on May 1, 2023 on the occasion of National Labor Day In addition, next week there will be a meeting of the US Federal Reserve (Fed), causing investors to delay their investment. to wait and see such factors even though the market is declining But there is still buying pressure in other stocks such as retail to support the index, so the index does not go down very deeply.

Investment trends for the next week expected to continue to fluctuate within a narrow range Because investors are still waiting to see the results of the Fed meeting and the market will be open for only 2 days, because May 1 is Labor Day, May 4 is Coronation Day and May 5. .It is a special holiday by evaluating the investment framework for support at 1,525 points and resistance at 1,545 points