Thai stock market situation: closed positive at 3.20 points, rallying for 5 days, expect the government to move forward by stimulating the economy – hope the Fed will send a signal to reduce interest rates.

SET Closed today at 1,341.03 points, an increase of 3.20 points (+0.24%), trade value 38,479.88 million baht, analyst indicates that the Thai stock market has rebounded today for the 5th day in a row on due to the purchasing power of the retail sector which anticipates measures to distribute funds to stimulate the economy. Introducing strong purchasing power in the energy and transport sectors, as long as it is expectedA deerDecrease interestSupport the Flow of Funds by waiting to hear the president’s speech tomorrow.A deerDoes it send the signal as expected? Tomorrow, the trend of the Thai stock market is expected to move sideways up after an increase of 50 points in 5 days, with resistance at 1,350 points and support at 1,330 points.

SET closed today at 1,341.03 points, an increase of 3.20 points (+0.24%), trading value 38,479.88 million baht.

Stock trading today The swing index reached a high of 1,343.35 points and a low of 1,334.79 points.

In terms of securities, changes today increased by 231 securities, decreased by 235 securities, and remained unchanged by 191 securities.

Mr. Chanchai Phantathanakit, Director of Research at Maybank Securities (Thailand), said that the Thai stock market rose another 3 points today, with buying power from the retail sector supporting more than half of the index. Estimates of measures to stimulate the economy through the circulation of money. Including strong purchasing power in the energy sector, especially GULF, getting good results from the strengthening baht. and transport groups such as BEM, AAV, BA

The Thai stock market has continued to rise from the low of this round of 1,290 points on August 15, running for 5 consecutive days Until today, the index was above 1,340 points, co -equivalent to an increase of more than 50 points after the country’s politics. . clarity This has led to expectations of further economic stimulus measures, along with the market’s expectation that US interest rates will decrease. This creates an opportunity for foreign currency (Cash Flow) to flow in.

Thai stock market trend tomorrow Expect a side-to-side to side-to-side swing. With resistance at 1,350 points and support at 1,330 points, continued the statement of Mr. Jerome Powell, Chairman of the Federal Reserve (Fed), who will give a speech at the meeting in Jackson. How will the signal for interest rate cuts be sent? If it is as expected It could push the stock market up a bit or there may be some Sell on Facts coming out, but if there is no clear signal yet. Fact may also be under selling pressure, but the Thai stock picture may not go down deeply.

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

EA trade value 1,830.36 million baht, closed at 5.95 baht, price unchanged.

KBANK trading value 1,773.62 million baht, closed at 140.00 baht, price unchanged.

The trading value of CPALL decreased 1,624.48 million baht, closed at 59.00 baht, 0.25 baht.

PTT trade value 1,445.97 million baht, closed at 34.25 baht, price unchanged.

The trading value of BDMS decreased 1,322.86 million baht, closed at 27.75 baht, 0.25 baht.

By Saowalak Ponphon/Sasithorn Simaporn