Thai Stock Market Conditions: 4.83 plus points, Bank-Petro Group-Refinery leads the market in accepting contracts.



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The stock market closed today at 1,369.42 points, an increase of 4.83 points (+ 0.35%). Trading value 82,325.27 million baht.

Stock Trading Today The Thai Stock Index is moving in both positive and negative territory. The index rose to a high of 1,375.02 points and a low of 1,362.41 points.

Looking at today’s changing values, an increase of 797 values, a decrease of 768 values ​​and 483 values ​​without change.

Mr. Mongkol Puangpetra Deputy Managing Director The Investment Strategy Department of KTB Securities (Thailand) said that the Thai stock market has rallied against the Asian stock market in mostly negative territory. As with the European markets, trading was negative this afternoon, as was the Dow, futures fell in the US market. Of concerns about the coronavirus outbreak With a growing number of infected people

However, our domestic market is primarily driven by internal factors. Positive signs from the Thai economy, both the better than expected 3Q20 GDP and the S&P Global Ratings (S&P) forecast a good GDP for Thailand next year. It also maintains Thailand’s credit rating at BBB + 3Q20 earnings grow 24% from 2Q20, indicating a recovery contract.

Therefore, today, the actions of the Banking Group, which are based on economic growth, have brought the market. The same is the case with petrochemical and refinery groups that accept better spreads and GRM. He showed he was still not convinced AND also facing the selling force to make a profit along the way. Causing not much adjustment As for the political assembly, it was considered a good ending. And it will meet again on November 25, leaving some room for the market to breathe.

Tomorrow’s Investment Outlook (20 Nov) Mr Mongkol said that the market would move sideways in a tight frame. You should also monitor the situation of the coronavirus outbreak. And the progress of the vaccine also Including the Bank of Thailand (BOT) will also announce the care of the baht.

Ready to provide support 1,360 points and resistance 1,380 points.

The 5 main values ​​are:

KBANK transaction value 6,119.01 million baht, closing at 97.50 baht, an increase of 3.00 baht.

ADVANC Trading value 3,652.97 million baht, closed at 176.50 baht, increased 1.00 baht.

PTTGC’s trading value of 2,712.64 million baht, closing at 53.75 baht, an increase of 2.00 baht.

          IVL    มูลค่าการซื้อขาย    2,209.00 ล้านบาท  ปิดที่  30.25 บาท  เพิ่มขึ้น  1.75 บาท
          AOT    มูลค่าการซื้อขาย    1,999.53 ล้านบาท  ปิดที่  67.00 บาท  เพิ่มขึ้น  0.25 บาท

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