“Thai Stocks Increase by 0.32% on Positive Turnaround After Early Morning Drop: Analysis and Trends for Next Week”

Thai stocks closed the last trading day of the week, turning up +4.87 points. The broker pointed out that the market turned positive after trading in the morning, falling more than 20 points, with strong buying back after the price had already dropped a lot. While the overall picture of the Thai inflation index in April came out slightly better than expected in a slower direction. Even though there are external negative factors that come under pressure Recommend to keep an eye on the results of tonight’s Fed meeting. Assess next week resistance at 1,550 points and support at 1,520 points.

The Thai stock market closed for trading on May 3, 2023, increasing +4.87 points or +0.32%, closing at 1,533.30 points, trading value at 54,974.69 million baht. morning trading before turning back to close in positive territory in the afternoon Intraday rose to a maximum of 1,533.90 points, on the contrary, dropped to a minimum of 1,507.22 points.

While the securities that changed today increased by 673 securities, 459 remained unchanged, and 713 securities decreased.

Regarding trading volume classified by investor groups, it was found that Institutional investors net bought more than +2,719.54 million baht, and securities brokerage accounts sold more than +57.46 million baht. Foreign investors net sales over -1,895.66 million baht and domestic investors net sales over -881.34 million baht.

The securities with the highest trading value of the 5 securities
1.PTT trading value 2,313.21 million baht, closed at 30.50 baht, down 0.50 baht
2.PTTEP, trading value 2,129.22 million baht, closed at 145.50 baht, down 3.00 baht
3.KTB, trading value 1,993.78 million baht, closed at 18.30 baht, an increase of 0.20 baht.
4.DELTA, trading value 1,958.83 million baht, closed at 76.50 baht, unchanged price
5.SCC trading value 1,608.61 million baht, closed at 325.00 baht, an increase of 9.00 baht.

The SET100 index with the highest gains in 5 rankings are:
1.SCC closed at 325.00 baht, an increase of 9.00 baht or 2.85%
2.BH closed at 243.00 baht, an increase of 4.00 baht or 1.67%
3.JMT closed at 39.50 baht, an increase of 2.00 baht or 5.33%
4.TIPH closed at 39.75 baht, an increase of 2.00 baht or 5.30%
5.COM7 closed at 26.25 baht, an increase of 1.95 baht or 8.02%

As for the SET100 index, the top 5 declining prices are:
1.PTTEP closed at 145.50 baht, a decrease of 3.00 baht or 2.02%
2.BLA (XD) closed at 26.75 baht, down 1.25 baht or 4.46%
3.TOP closed at 46.25 baht, down 0.75 baht or 1.60%
4.BCP closed at 29.25 baht, down 0.50 baht or 1.68%
5.CENTEL closed at 55.00 baht, a decrease of 0.50 baht or 0.90%

While the SET100 index closed at 2,071.49 points, an increase of 6.17 points or 0.30%, the SET50 index closed at 929.50 points, an increase of 2.49 points or 0.27% and the mai market index closed at 499.36 points, an increase of 5.30 points or 1.07%.

Mr. Chaiyaporn Nompitakcharoen managing director Securities Trading Division, Bualuang Securities said that the Thai stock market today in the afternoon turned positive after falling more than 20 points in the morning. It is expected to come from buying back pressure after most share prices have gone down quite a lot. While today, Thailand’s inflation numbers in April 66 came out slightly better than the market expected. It is a signal of continuous deceleration which has a positive effect on the stock market as well.

However, there is still pressure from negative factors from external factors. Both concerns about banking problems in the United States. and an increase in the US debt ceiling Including the direction of oil prices will continue to decline or not. because it will continue to put pressure on energy stocks As for Asian stocks today, most of them fell.

As for the trend of the Thai stock market next week Still have to wait to follow the US Federal Reserve (Fed) meeting tonight on whether to signal an end to raising interest rates or not. Or if there is no interest rate increase tonight, it will have a positive effect on the stock market. It is a force to continue to adjust upwards. by evaluating the picture of investment resistance at 1,550 points and support at 1,520 points