Thai Stock Market Fluctuates with Positive Sentiment from Hospital Stocks

• SET closed this morning at 1,362.82 points, up 1.72 points (+0.13%), trading value of about 24,285 million baht.
• Morning stock trading The index fluctuates within the range. The highest point was at 1,365.70 points and the lowest point was at 1,356.96.

Mr. Therdsak Thaweethiratham, Deputy Managing Director, Research Department, Asia Plus Securities (ASP), said that the Thai stock market this morning fluctuated within a narrow range. But it is still moving in positive territory from the support of hospital stocks, especially BH after reporting good 1Q24 operating results and positive sentiment for other hospital stocks like BDMS as well.

However, overall there are no new features that will have a significant impact on the index. The market is still waiting for the US GDP report for 1Q24 tonight. and a report on the US PCE index tomorrow. Other stock markets in Asia alternated positive-negative in the morning.

The trend of the Thai stock market is expected to change in the afternoon in the next period. It is recommended to continue the gradual reporting of the 1st quarter operating results of domestic listed companies. Ready to resist at 1,370 points and support at 1,350 points.

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

• BH trade value 3,602.92 million baht, closed at 259.00 baht, an increase of 28.00 baht.
• BDMS trading value 1,890.84 million baht, closed at 28.50 baht, an increase of 0.25 baht.
• KTB trade value 1,340.74 million baht, closed at 16.30 baht, an increase of 0.10 baht.
• KBANK trading value 1,274.53 million baht, closed at 127.00 baht, price unchanged.
• CPALL trade value 783.40 million baht, closed at 57.75 baht, an increase of 0.75 baht.

By InfoQuest News Group (25 Apr ’24)

Tags: SET, stock market, Thai stock market, Thai stock