Thai stocks closed at -11.38 points. Analysts revealed that the market is worried about pressure from MSCI Rebalance that adjusts stocks in and out. This has affected large stocks to fluctuate. And it was a pressure on large stocks that were removed from the calculation of the index, especially 3 large stocks, namely BJC, OSP, BANPU, which were removed from MSCI Global Standard. There was also selling pressure from the operating results of most listed companies being lower. expect Evaluate tomorrow’s investment framework as resistance at 1,380 points and support at 1,360 points. Recommended to keep an eye on the US PCE inflation report for January. Affects investment trends
The Thai stock market closed trading on February 29, 2024, dropping -11.38 points or -0.82%, closing at 1,370.67 points, trading value 73,542.55 million baht, while the overall stock trading today, the index moved down. negative territory all day During the day it rose to a maximum of 1,381.37 points, in the opposite direction it dropped to a minimum of 1,366.93 points.
Meanwhile, the number of securities that changed today increased by 142 securities, remained unchanged for 137 securities, and decreased by 382 securities.
In terms of trading volume classified by investor group, it was found that Foreign investors net sold more than -4,336.52 million baht and securities company accounts net sold more than -450.66 million baht. On the other hand, it was found that Domestic investors made net purchases of more than +4,119.26 million baht and institutional investors made net purchases of more than +667.92 million baht.
As for the securities with the highest trading value, 5 securities
1.BANPU trading value 3,847.45 million baht, closed at 5.60 baht, decreased 0.10 baht.
2.BJC trading value 3,541.58 million baht, closed at 24.20 baht, decreased 1.55 baht.
3.BDMS trading value 2,878.60 million baht, closed at 28.50 baht, decreased 0.50 baht.
4.OSP trading value 2,363.18 million baht, closed at 20.30 baht, decreased 0.30 baht.
5.PTT (XD) trading value 2,258.04 million baht, closed at 34.25 baht, decreased 1.25 baht.
As for the SET100 Index, the five rankings with the most positive price increases are:
1.AEONTS closed at 150.00 baht, an increase of 2.50 baht or 1.69%.
2.DELTA closed at 71.25 baht, an increase of 2.25 baht or 3.26%.
3.SAPPE closed at 86.50 baht, an increase of 2.25 baht or 2.67%.
4.HANA closed at 37.00 baht, an increase of 1.00 baht or 2.78%.
5.BBL closed at 143.00 baht, an increase of 1.00 baht or 0.70%.
As for the SET100 Index, the five rankings with the biggest price declines are:
1.EGCO closed at 117.50 baht, a decrease of 12.50 baht or 9.62%.
2.ADVANC closed at 201.00-baht, decreased by 3.00 baht or 1.47%.
3.BCP closed at 41.50 baht, decreased by 2.00 baht or 4.60 baht.
4.BH closed at 224.00 baht, down 2.00 baht or 0.88%.
5.SCC closed at 269.00 baht, decreased by 2.00 baht or 0.74%.
While the SET100 index closed at 1,853.39 points, a decrease of -13.46 points or -0.72%, the SET50 index closed at 836.19 points, a decrease of -5.58 points or -0.66%, and the mai market index closed at 414.90 points, a decrease of -12.08 points or -2.83%.
Mr. Therdsak Thaweethiratham, Deputy Managing Director, Research Division, Asia Plus Securities, said that the Thai stock market today has decreased from the pressure of MSCI Rebalance, which has adjusted the stocks entering and exiting. This has affected large stocks to fluctuate. And it was a pressure on big stocks that were removed from the index calculation, especially 3 big stocks, namely BJC, OSP, BANPU, which were removed from MSCI Global Standard.
Meanwhile, listed companies are gradually reporting almost all of their operating results. This causes sales pressure to sell on facts. Moreover, the operating results of most listed companies are lower than expected. This has caused concern that profit estimates may be revised down. This is another factor that puts pressure on the index. Other stock markets in Asia moved alternately positive and negative.
“Tomorrow’s trend is expected to swing sideways. Tonight, follow the report on PCE inflation figures for January in the United States to see what the results will be. If it comes out to drop more than the market expects, it may have a positive effect on overall stock market sentiment. You must also follow the direction of the response of the US stock market tonight. with resistance at 1,380 points and support at 1,360 points,” Mr. Therdsak concluded.
2024-02-29 16:59:00
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