Thai Stock Market Update and Top 5 Most Traded Securities on May 16, 2023

The atmosphere of Thai stocks on May 16, 2023 fluctuated in positive and negative territory. The market has no new supporting factors and investors are waiting for clarity on the formation of a new government. Causing the picture of investment during this period to be quite slow, resulting in at 5:02 p.m., the index closed at 1,539.84 points, a decrease of 1.54 points or 0.10% with a trading value of 53,185.45 million baht, while the MAI market closed at 494.69 points, an increase of 1.79 points or 0.36% with a turnover of 1,938.11 million baht

report from Asia Plus Securities said that the Thai stock market declined. This is mainly due to concerns after the polarization of the government. The Thai stock market is therefore still waiting for clarity in terms of government formation, voting for the prime minister, and details of various policy moves. campaigned cause short-term volatility The stock recommendation strategy benefits from new government policies such as retail, finance, banking, and tourism. that has been supported in Thailand is the center of tourism Shares of airports, hotels, large hospitals

The top 5 most traded securities are:

1. Gulf closed at 47.75 baht, down -0.25 baht

2. CP All closed at 64.75 baht, unchanged.

3. AOT closed at 72.00 baht, down -1.25 baht

4. SCB closed at 104.50 baht, down by -1.50 baht.

5. Kasikorn Bank closed at 135.50 baht, down -1.50 baht.