Thai Stock Market Conditions: Morning closed 4.21 points, better than Fund Flow’s receiving region.



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The stock market closed today at 1,368.80 points, an increase of 4.21 points (+ 0.31%), a market value of approximately 44,843.68 million baht.

Stock trading this morning The Thai stock indices were mostly in positive territory. The highest level is 1,375.02 points and the lowest level is 1,362.41 points.

Wichit Arayapisit, head of securities research at Maybank Kim Eng Securities (Thailand), said that the Thai stock market rose better this morning than the Asian markets. Most are moving into negative territory, averaging 0.6% due to concerns about the coronavirus outbreak. But our domestic market has been fueled by the flow of funds that continues to flow inward to drive Big Cap stocks that don’t yet have a high valuation to go up. These include banking, energy, petrochemical and ICT stocks.

Due to political factors, not much weight. Even though two constitutional amendments have been passed, they will continue to move forward. And if the political rally is not violent, it won’t have much of an effect on the market. As long as the Domestic coronavirus outbreak has not increased.If the momentum is not bad, the market is likely to continue.

Regarding the matters that the Bank of Thailand (BOT) will take care of the baht And it claims that it cannot be below the 30 baht / dollar level It shows that the value of the baht would be hovering around 30-31 baht / dollar in this area, not surprising to the flow of funds, the market is unlikely to stumble. Because the BOT has not taken very strong measures

Also, stay tuned for the upcoming FTSE rebalancing review tomorrow. And it follows the direction of oil prices After speculation that the Petroleum Exporting Countries (OPEC) and allies O OPEC Plus will delay plans to increase oil production But some of the group members were upset by the quota restrictions , with the United Arab Emirates (UAE) upset and seeing it leave OPEC. What to go on and see whether or not Even in the wake of the constitution amendment after Parliament accepted the principle of drafting two constitutional amendments for both the opposition and the government.

Reversal trend this afternoon, Mr. Vijit said that the market would be positive around here with 1,350 supports and 1,380 resistances.

The 5 main values ​​are:

KBANK transaction value 3,770.56 million baht, closing at 96.50 baht, an increase of 2.00 baht.

ADVANC Trading value of 1,995.62 million baht, closing at 178.00 baht, increasing by 2.50 baht.

PTTGC’s trading value of 1,759.52 million baht, closing at 53.00 baht, an increase of 1.25 baht.

          IVL    มูลค่าการซื้อขาย    1,611.15 ล้านบาท  ปิดที่  30.50 บาท  เพิ่มขึ้น  2.00 บาท
          CPF    มูลค่าการซื้อขาย    1,380.07 ล้านบาท  ปิดที่  28.25 บาท  เพิ่มขึ้น  0.50 บาท

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