Thai stocks closed up 0.44 points, stable without new factors. Next week’s trends, keep an eye on Thai GDP : InfoQuest

• SET closed today at 1,415.78 points, an increase of 0.44 points (+0.03%), trading value 45,607.55 million baht.

• Stock trading today The movement index is stable. The lowest point was 1,406.21 points and the highest point was 1,422.68 points.

• As for securities, today’s change increased by 297 securities, decreased by 166 securities, and remained unchanged by 176 securities.

Mr. Wathan Chitsomnuk, Director of Strategic Analysis, Phai Securities, said that the Thai stock market today’s overall picture is quite stable. Evaluate it as a condition without any new factors. After adjusting upwards to respond to the trend of US interest rates peaking This is because the inflation numbers came out lower than the market expected. In the country, there is still a lack of supporting factors. Today, the Stock Exchange of Thailand (SET) has issued a statement disclosing additional trading information. But it does not have much significance to the stock market.

Next week’s trend, keep an eye on the announcement of Thailand’s economic growth rate (GDP) in the 3rd quarter of 2023 on Nov. 20, with Bloomberg Consensus expecting it to be 2.1%YoY, including both wholesale and international trade numbers. Export and import Initially, a clear date has not yet been announced. Expected to be late next week.

As for tonight, wait to follow the number of new home construction and construction permit applications in the United States. The market estimates it at 1.35 million homes and 1.45 million licenses. If it is lower than expected, it will be a positive factor for the stock market.

Looking at the Monday frame at the support level of 1,400 points and the resistance level of 1,425 points.

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

• CPALL Trading value 2,375.57 million baht, closed at 56.75 baht, decreased 0.50 baht.

• PTT Trading value 1,878.09 million baht, closed at 34.25 baht, decreased 0.25 baht.

• PTTEP Trading value 1,670.48 million baht, closed at 158.50 baht, decreased 3.00 baht.

• HANA Trading value 1,449.13 million baht, closed at 43.50 baht, decreased 1.75 baht.

• GPSC Trading value 1,246.87 million baht, closed at 47.25 baht, price unchanged.

By InfoQuest News Agency (17 Nov. ’23)

Tags: SET, Thai stock market, Wathan Chitsomnuk, Thai stocks