The Stock Exchange closed the morning session at 1,450.88 points, down 0.59 points (-0.04%), trading value of about 29,321 million baht.
Morning trading The index fell by region. The high was 1,451.40 points and the low was 1,441.15.
Mr. Wathan Jitsomnuek, Director of Strategic Analysis, Phai Securities, said that the Thai stock market fell in the morning in line with other stock markets in Asia. There are still many stress factors. both the impact of different policies of Mr. Donald Trump, the president-elect of the United States, the value of the baht has weakened to touch 35 baht / dollar, affecting the outflow of foreign capital. and institutional investors continue to sell Thai stocks
In addition, the fundamental factors (Fundamentals) Thai stocks are not very good. Because the aforementioned 3Q24 profits were flat and declining. As a result, most of the overall picture came out lower than expected, and analysts have recently revised their earnings estimates for listed companies (EPS) this year down to 85 baht/share from the original expectation of 95-97 baht/share and Still. changing the EPS estimate in 2025 down to less than 100 baht/share from the original expectation of 105-106 baht/share due to the risk of a trade war.
An afternoon shift is expected for the market. It is likely to continue to fluctuate in negative territory. Support is set at 1,440 points and resistance at 1,455 points.
As for the securities with the highest trading value, 5 securities
CCET trade value 1,933.23 million baht, closed at 8.10 baht, an increase of 1.40 baht.
The trading value of ADVANC decreased by 1,724.64 million baht, closed at 282.00 baht, 4.00 baht.
BDMS trading value 1,411.39 million baht, closed at 27.75 baht, an increase of 0.75 baht.
CPALL trade value 1,188.99 million baht, closed at 63.75 baht, an increase of 0.75 baht.
GULF trading value decreased 1,172.00 million baht, closed at 63.00 baht, 0.25 baht.
By InfoQuest News Group (14 Nov ’24)
Tags: SET, stock market, Thai stock market, Thai stock
2024-11-14 05:43:00
#Thai #stocks #morning #closed #points #regionally #baht #weakens #affecting #fund #flows #budget #drags #EPS #InfoQuest
