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Thai stocks closed 41.88 points higher to buy momentum, benefiting from Biden’s stimulus policy, with the acquisition of stakes in the petrochemical sector. Power plant group And other groups where the share price is down a lot Looking at the investment trend tomorrow, the Thai stock market is expected to rise.
Thanomsak Saharatchai, deputy general manager and head of research at Krungthai Seamico Securities, said today that the Thai stock market rose in line with Asian stock markets moving into positive territory. In response to speculation that Mr. Joe Biden of the Democrats. There is a chance of winning in the US presidential election, thereby buying stocks that benefit from Biden’s policy. Which is in line with the economic stimulus policy How to buy shares in the petrochemical group Power plant group And other groups in which share prices have dropped significantly, such as CPF, CPALL, until the Thai stock index has exceeded 1,230 and 1,250 points or more.
Also, it is believed that short-term funds would buy short-term funds as they follow the market momentum. With investors turning their small stock players into big players. But people still don’t dare to play stocks in the bank. Because of this group, when something happens, you are still ready to adapt. While the power plant group, the brave people who came to buy because of the good dividends, investors still choose to invest in individual stocks. Today, we choose stocks that will benefit from the economic stimulus.
However, the market still has a waiting factor in the gradual announcement of the operating results of listed companies. And internal political factors that have yet to follow political rallies including the need to follow up on the results of the US elections. Officially too.As for the Federal Reserve (Fed) meeting, this round is unlikely to be anything. But stay tuned for today’s Bank of England (BoE) meeting, which waits to see what stimulus comes out. Because the UK has a lockdown after the COVID-19 outbreak.
The Thai stock market closed at 1,264.32 points, increased 41.88 points or changed + 3.43%, market value of 80,914.90 million baht.
Regarding the investment trends of tomorrow (November 6), Mr. Thanomsak said that the Thai stock market has a chance to rise. With a frame swing at 1,250-1,280 points
