Thai Stock Market Conditions: Morning Close Up 13 Points To Sign RCEP



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The stock market closed today at 1,359.47 points, an increase of 13.00 points (+ 0.97%), a market value of about 43,626.79 million baht.

Stock trading this morning Thai stock indices moved into positive territory during the morning. With the highest level of 1,365.87 points and the lowest level of 1,354.36 points

Ms Thirada Chanyingyong, Head of Securities Analysis at Phillip Securities (Thailand), said that the Thai stock market rallied quite well this morning, in line with sentiment in the Asian stock market this morning. Large movements in positive territory Responds to the signing of the Regional Economic Association Agreement (RCEP), the largest trade agreement in the world. And look that it will benefit a lot, being Thailand one of the 15 countries that have signed a cooperation.Apart from this, there is also great expectation of a vaccine against COVID-19. That will continue to develop

Furthermore, Thailand’s economic growth (GDP) in 3Q20 was -6.4% better than expected by the market -6.8%.

Investment trends This afternoon, Ms Teerada said that the market could move up in a limited range. The index is in the process of testing key resistance at 1,360 points with support at 1,340-1,350 and 1,370 points for next resistance.

The 5 main values ​​are:

STGT’s trading value of 2,972.65 million baht, closing at 79.00 baht, an increase of 3.75 baht.

KBANK’s trade value of 2,086.36 million baht, closing at 95.00 baht, an increase of 0.75 baht.

MINT trade value of 2,062.31 million baht, closing at 24.50 baht, an increase of 1.30 baht

SCGP’s commercial value of 1,474.47 million baht, closing at 37.75 baht, an increase of 0.50 baht.

GOLF trading value of 1,368.56 million baht to close at 35.50 baht, a decrease of 0.25 baht.


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