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Thai stocks continue – keep an eye out for next week with a chance to touch 1,500 points

On December 25, 2020, the reporter reported that The Thai stock index continued to rise, closing the market up +34.79 points to 1,486.31 points, + 2.40% during the day, the index hit a low of 1,462.77 and a high of 1,486.84 points, with its turnover still dense at 88,244 million. Baht However, foreign investors Institutional investor And securities account Have a net buy position of Thai stocks While retail investors in the country net sales at 2,093.05 million baht.

Mr. Wijit Arayapisit, director of securities research, Maybank Kim Eng Securities (Thailand), said that the Thai stock market rose strongly. This is a short-term view from the acceleration of large stocks like DELTA and BAY, which are But has liquidity Or low free float Therefore, it affects the market index. DELTA shares have risen 25%, affecting the market index by 15 points. BAY shares affect the market index by around 5 points. Two of them together affect the market index by about 20 points. Driving Force Market Index Build more confidence Investors dare to invest more. Amid the spread of the COVID-19 virus in a country where the number of people is still infected is increasing. But at a slower rate from the past 2-3 days

There are also positive factors from the matter that the UK and the European Union (EU) reach an agreement on trade relations. After England split from the EU (Brexit), the US dollar weakened. And Asian currencies appreciated As a boost for the stock market However, the trading of foreign investors will be slim. Since it’s in the Christmas season While most of the Asian stock markets today are slightly positive. And many markets are closed on Christmas Day.

For the next week’s investment outlook, keep an eye on DELTA if investors still buy this stock. Should cause the market index to continue to rise And there is an opportunity to approach the test of resistance at 1,500 points and support at 1,450 points, ready to monitor the situation of the COVID-19 epidemic. In the next country And keep track of big stocks with low free floats Which should make the market index easily swing

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