Editor’s Picks, stock news10:23am.2023-12-15
The Thai stock market rose more than 10 points in the morning, receiving continued positive sentiment. From the interest rate direction, the Fed is entering a period of interest rate reduction next year. While the baht strengthens Including expecting TESG money to flow in next week.
At 10.19 a.m., the SET index was at 1,389.01 points, an increase of 10.07 points (+0.73%).
Mr. Natthaphon Khamthakruea, Director of Securities Analysis at Yuanta Securities (Thailand), said that the Thai stock market in the early morning session rose more than 10 points, continuing to increase from yesterday. This is in line with other stock markets in Asia. Responding to the results of the meeting, the Bank of England (BOE) and the European Central Bank (ECB) resolved to maintain interest rates, as did the US Federal Reserve (Fed).
Including the Chinese economic numbers coming out well. Industrial production in November expanded the most since February 2022. Meanwhile, China’s retail sales rose 10.1% in November from a year earlier. This is the fastest growth since May.
However, the value of the dollar weakened. Supporting the value of the baht to strengthen It has a positive effect on capital inflows. And expect TESG fund money to come in next week.
Support is set at 1,385 points and resistance at 1,400 points.
By InfoQuest News Agency (15 Dec. ’23)
Tags: SET, Thai stock market, Thai stocks
2023-12-15 03:37:43
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