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The tendency of Thai stocks to weaken according to the world market: the price of gold fell 150 baht.
Date May 05, 2020 Time 09:56 hrs.
Thai Stock Trend May 5, 63 The index decreased in line with the world market. While the price of gold on the open market fell 150 baht.
Mr. Aphichat Phunbanjitkun Director of Strategic Analysis TISCO Securities revealed that the Thai stock market is expected to weaken this morning after global stock markets responded to news that United States President Donald Trump , threatened to impose taxes. Access to new Chinese products. In response to China, the source of the Covid-19 virus outbreak that our market will likely offset during the shutdown period, but the decline would not be strong. Because Thailand can control the covid virus situation well. Driving to unlock. And crude oil prices have risen, allowing it to support the actions of the energy sector.
Stock markets in Asia recovered this morning yesterday after dropping 2-3% and many markets are closed today. Cause the overall trade volume of the market to be lonely Ready to track the April service sector index from the US Supply Management Institute (ISM) today and the cabinet meeting today.
With support of 1,280-1,2285 points and resistance levels of 1,315-1,320 points.
The Gold Traders Association reported that daily gold prices fell 150 baht, bullion purchase 25,800 baht, 26,000 baht sold, gold jewelry bought 25,332.36 baht, 26,500 baht sold
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