Thai Stock Market Conditions: It closed 4.24 points lower, facing profit taking after rising sharply for the week.



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The stock market closed today at 1,260.08 points, 4.24 points less (-0.34%), with a market value of 73,524.08 million baht.

Stock Trading Today The Thai Stock Index is moving in both positive and negative territory. The index has the highest level of 1,270.22 points and the lowest level is 1,251.08 points.

For today’s changing values, an increase of 493 values, a decrease of 1,072 values ​​and 428 values ​​unchanged.

Kitpan Phrai Phaisarnkit, chief analyst and strategist at UOB Kay Hian Securities (Thailand), said that the Thai stock market has fluctuated today after a strong rally in response to Mr. Joe Biden from the party. Democrats There is a high probability of winning the US presidential election. The index tested significant resistance at 1,264 points, but did not pass. Causing the sales force to take profit That the index pullback is not bad, it is a stomp line at the support line. If the index has not yet dropped 1,235 points, there is still a chance to continue recovering.

The stock market in Asia is mostly positive. Orchards in Europe And Dow futures Where trade was negative this afternoon From concerns about the coronavirus outbreak This resulted in a growing number of infected and caused many countries to close again. Most of them are registered in early December. This makes it necessary to monitor whether it will affect economic activities or not.

As for political rallies in the country, although it still exists, it would not be violent. Since no new problems have been added AND investors felt there was a solution to avoid confrontation.

Investment outlook for next week, Kitpan said the market is likely to fluctuate due to profit-taking force. But seen as a pace in the gradual accumulation of stocks With support at 1,250-1,240 points and resistance at 1,264-1,280 points

Next week, follow the announcement of 3Q20 results from listed companies that will gradually come out. Many industries are considered to have been through their worst, so there may be signs of a better forecast. This will limit the downside of the market. In addition, it will continue to monitor the situation of the COVID-19 epidemic.

The 5 main values ​​are:

KBANK’s trading value of 4,174.40 million baht, closing at 80.25 baht, an increase of 1.75 baht.

GPSC value of 3,642.24 million baht, closing at 63.50 baht, an increase of 3.50 baht.

GOLF trading value of 3,388.33 million baht, closing at 32.25 baht, an increase of 1.00 baht.

          BBL    มูลค่าการซื้อขาย    2,104.10 ล้านบาท  ปิดที่ 106.50 บาท  เพิ่มขึ้น 5.00 บาท

CPALL’s value of 2,103.76 million baht, closed at 59.25 baht, increased by 0.25 baht.


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