[ad_1]
Thai stocks have a chance to rise as the good news of the COVID vaccine progresses Gold price falls 1,200 baht
Date November 10, 2020 at 09:44
The outlook for Thai stocks for November 10, 2020 is expected to rise in response to the good news, the COVID vaccine test is more than 90% effective, while the price of gold has fallen 1,200 baht
Mr. Apichat Phobanbanjerdkul Senior Director TISCO Securities Strategic Analysis Division revealed that the Thai stock market this morning, the index had the possibility of bouncing more than 1,300 points to respond to the progress of the COVID-19 vaccine. Pfizer and BioNTech announced that the results of the joint trial developed the vaccine to be more than 90% effective against COVID-19. Causing the stock markets around the world to respond Especially the European market is positive. And this morning, most Asian stocks moved into positive territory.
Furthermore, Joe Biden’s victory in the US presidential election is a boon for the potential money flowing into Asia, especially in emerging markets.
Even in our home we can control the spread of the COVID-19 virus. Very good.But vaccine development progress would likely allow travel, airline and other sensitive stocks – and Laggard – to rebound today. Adjust the MSCI investment weight for tomorrow and the Chinese economy figures. For example, the Producer Price Index (PPI), we have to follow up with the announcement of the earnings of listed companies.
Ready to provide support 1,275-1,280 points and resistance 1,310-1,320 points.
Gold Trading Association Gold price daily report, the price has fallen 1,200 baht, gold bullion buy 27,000 baht, sell 27,100 baht, gold jewelry to buy 26,514.84 baht, sell 27,600 baht.
[ad_2]
