Thai Stock Market Rises as SET Closes at 1,349.52 Points – April 22, 2024

InfoQuest News Group (22 April 2024)

SET closed today at 1,349.52 points, an increase of 17.44 points (+1.31%), trade value 43,139.29 million Analysts indicate that the Thai stock market has increased today. After the situation of the conflict in the Middle East did not increase violence Including a statement that the operating results of the banking group were better than expected by the market. Today, stocks that have performed well include banks, financials, food and beverages. Tomorrow’s move is expected to see the index move sideways. With a support frame of 1,345 points and a resistance of 1,355 points, if it passes, it will be a positive technical indicator.

SET closed today at 1,349.52 points, an increase of 17.44 points (+1.31%), trading value 43,139.29 million baht.

Stock trading today The index rose well. The index made the highest point with 1,350.94 points and the lowest point at 1,339.92 points.

Regarding securities, changes today increased by 413 securities, decreased by 104 securities, and remained unchanged by 139 securities.

Mr. Natthaphon Khamthakruea, Director of Securities Analysis at Yuanta Securities (Thailand), said that the Thai stock market rose today. After Friday, it plummeted. The situation of conflict in the Middle East has not become more violent. Including a report on the performance of banking stocks that was better than the market expected. This caused that group of stocks to rise today. Including the financial group Food and Beverage It has developed well. However, there is sales pressure in the petrochemical group. and upstream energy from falling oil prices

Tomorrow’s move is expected to see the index move sideways. The support area is 1,345 points and the resistance level is 1,355 points.

Domestic factors follow the reorganization of the Cabinet (Cabinet) and reporting of operating results in the 1st quarter of 2024 of listed companies. Meanwhile, foreign factors will be watching the conflict situation in the Middle East and the US Personal Consumption Expenditure (PCE) price index report in March. On Friday, April 26

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

KBANK (XD) trading value 2,905.99 million baht, closed at 124.00 baht, price unchanged.

The trading value of PTTEP decreased by 2,038.25 million baht, closed at 157.50 baht, 2.50 baht.

JAS trading value 1,690.12 million baht, closed at 3.40 baht, an increase of 0.54 baht.

SCB trading value 1,623.32 million baht, closed at 104.50 baht, an increase of 1.50 baht.

BDMS trading value 1,346.30 million baht, closed at 28.25 baht, an increase of 0.50 baht.

By Warinthon Sirinok/Ratchada Kongkhunthian