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The Dow closed its record for the first time in history.
Gold Price Today – Nov 25, 20, Adjust Price 3 Times
The Ministry of Industry is preparing to beat up the old car in exchange for a new car for another 15 days.
The Thai stock index, November 25, 2020, closed today at 1,407.38 points, with an increase of 5.75 points (+ 0.41%), a market value of about 69,103 million baht, responding to sentiment from outside from the country. Encouraged to move the mounting location
Natthaphon Khamthakrou, director of securities analyst at Yuanta Securities (Thailand), said that the Thai stock market rose this morning after a drop of 18 points yesterday, responding to out-of-country sentiment by most Asian markets. Moving into positive territory Only a few markets have weakened, such as the Philippine stock market. And the Taiwan stock market Which is mostly positive by the US stock market Responding to the progress of the new coronavirus vaccine AND receiving positive factors from President Donald Trump to start the process of transferring power to the new one American President Joe Biden.
For our country, it was also driven by political protests that moved the place of the assembly. Thus reducing the possibility of collision. But I still have to watch out for political rallies. Also, the market is also driven by the entry of Fund Flow; however, keep an eye out for MSCI’s investment weight adjustment that will take effect on November 30.
Investment trends Nattaphon said this afternoon that the market had limited upside potential while waiting to see the political rally. That you can see some profit taking from domestic investors to reduce risk.
Ready to provide support 1,400 points and resistance 1,420-1,425 points.
The Thai stock index, on November 25, 20, opened a trade of 1,418.57 points, an increase of +16.94 points (+1.21 points), a market value of 15,117.62 million baht in the Foreign markets. Keep an eye on Thai politics
Mr. Kiticharn Sirisuk-archa Senior Vice President of Retail Analysis CGS-CIMB Securities (Thailand) said that the Thai stock market this morning has a chance to recover after yesterday’s sharp decline in Asian markets. Due to the profit-taking force of the funds after the market entered the Overbought area, the purchasing power of foreign investors continued to increase.
Also, international markets were increasing across the page. Both Asian stock markets moved into positive territory this morning. As well as the European market AND the US market that rose brilliantly Responding to the progress of the COVID-19 vaccine Showing the spread of the COVID-19 virus Could be mitigated
President Donald Trump has begun a process of transferring power to the new president of the United States, Joe Biden. It shows that Donald Trump accepted the election results. Janet Yellen, former president of the United States Federal Reserve (Fed), is also expected to serve as the new finance minister.
These factors look at the improvement of the US economy. And economic stimulus measures should be seen more. As a result, the US dollar depreciates AND there is a buying force back to risky assets. Including money flowing into Asia as well Resulting in the appreciation of the baht as well Additionally, the price of crude oil has recovered 4.3%, the highest in eight months, prompting purchases to support energy stocks, led by PTT, PTTEP.
However, the political factors in the country still need to be monitored today in which there will be political demonstrations. Keep track of the minutes of the Federal Reserve’s Monetary Policy Committee (FOMC) meeting, which met Nov. 4-5, as well as MSCI’s investment weight adjustments that go into effect today. On this November 30.
Ready to provide support 1,400-1,390 points and resistance 1,420-1,433 points.
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