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Thai stocks fell 12.65 points, still shocked as the economy failed to rebound.
Date August 31, 2020 at 17:03
The Thai stock market remains volatile, closing at negative 12.65 points, with no positives, fearing that the economy will not recover as expected.
Thai stocks on July 31, 2020, the index stood at 1,310.66 points, a drop of 12.65 points or 0.96%, a trading value of 53,973 million baht, as investors were concerned about economic recovery. After the Bank of Thailand (BOT) declared that the Thai economy next year will be more at risk than this year. If the government cannot allow foreign tourists to visit Thailand by the end of this year or early next
Investors are also concerned about the COVID-19 outbreak in Thailand, the second round after the country opened to foreign tourists. Including concern about political problems in September There will be large rallies and protests to evict the government.
Kasikorn Securities Co., Ltd. sees the Thai stock index as having support at 1310 and 1300 points, while resistance is at 1335 and 1350, respectively. Key factors to monitor include additional measures of internal stimulus. Internal political problems COVID-19 situation And relations between the United States and China
The 10 most traded Thai stocks are:
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