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The Thai stock market in the late afternoon fell more than 10 points in line with most of the Asian stock markets. Except for the Japanese stock market that rallied. The domestic market is expected to be concerned about the rebalancing of MSCI, which has reduced the weight of investment in Thai equities as of today.
At 4:01 p.m., the SET index stood at 1,312.42 points, down 10.89 points (-0.82%).
At 4:13 pm, the SET index stood at 1,312.00 points, down 11.31 points (-0.85%).
Ms Thirada Charanyingyong, director of securities analysis at Phillip Securities (Thailand), said that the Thai stock market this afternoon has plunged more than 10 points after there was no apparent new positive factor. At the same time, concerns about MSCI’s rebalancing led investors to tighten their portfolios. In which Thai stocks have reduced investment weight As a result, stocks that had a positive effect in the morning had fallen somewhat in the positive range.
Asian stock markets this afternoon turned largely negative. Chinese banks have reported higher NPL figures and clashes between India and China on the Himalayan border.
As for the European markets that were trading this afternoon, they moved in positive-negative territory, not much. Ready to provide support 1,310-1,300 points and resistance 1,330 points.
