The goal is 1,350 points • Online business news.



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Embracing the capital market: Thanachai Na Nakorn

Yesterday, the Thai stock index closed steadily.

Made from the date of November 2 last. The index has risen 90 points.

Shares of the SET50 or Big Cap group are raising prices with joy. For example, yesterday to close only 2 stocks: BBL and TTW.

The remainder mostly closed in positive territory. And the rest closes equal to the closing price of the previous day (November 6)

I have doubts that the index at yesterday’s close (1,285 points) will be able to continue.

As for talking to analysts And read the analysis of most of the securities companies. The index will rise again and will probably top 1,300 points.

But in the previous period it had exceeded 1,300 points

There may be a profit-taking force. Or the index resting slightly (But not much down)

Because you will notice that a great action that yesterday had a strong price. You will start to see some profitable sales

And some may come from investors, others may be stuck in stocks.

So he took the opportunity to raise the price of the shares Therefore released

A key issue of interest and global investors to consider is Joe Biden’s policy as the President of the United States. It will be friendly to the stock markets around the world.

And at the same time It has a policy to bring capital flows back to emerging markets and Asia.

Cause confidence that the Thai stock market has also benefited.

Foreign capital began to return to the stock market.

Like yesterday, foreign investors bought back 2.304 billion baht (as of early 2020, net sales remain 3.02 billion baht).

Yes throughout this week There is still a strong buying force from foreign investors throughout the week.

It seems to be a sign that the money is likely to come back. And help propel the index even further to pass 1,300 this week.

Actions that are the foreigners’ target are also in the group. SET50 That!

And there may be in groups SET100 Some with good performance prospects in 2020, long for 2021

Regarding the shares that are selected to buy, it must be seen that there are still increases

Recently, Soraphol Tulyasathien, Deputy Director of the Joint Corporate Strategic Planning Division Looking at cash flows as Previously, the foreign sales force had not only happened with Thai stocks.

But capital flows throughout the region after the COVID-19 situation.

As the stream began to flow, production continued to decline.

And now the stock market. Are you in the process of seeing yourself get to the point of being called “stable”?

After the past, foreigners have sold more than 300 billion baht net of Thai shares.

Sornphol also gave information that Money that will return to the Thai stock market or not. Must follow up on US “Economic Stimulus Policy” And the COVID-19 Vaccine Will It Really Come Out?

Such issues will be a factor for investors to decide.

But I think the Thai stock market could adjust quickly if the COVID-19 situation ends.

“There is a possibility that (the US) will issue a larger package. Including the policies of Mr. Joe Biden promotes the use of clean energy. We make a group of actions that operate in our home renewable energy business deserve a positive response. And a focus on health that can suggest measures similar to Obamacare. “

“The issue of renewable energy, Health and international trade should also help make Thai and global equity markets attractive. And less risk “

I cut the important and interesting text that Sornphol said.

An analysis of Suchet Suktae, Deputy General Manager, is conducted. Media Marketing Department, ASL Securities Company Limited, also interesting

He said that foreigners can begin to return.

And the index should pass 1,300 points without much difficulty

But I also looked at that. The index is likely to hit 1,350 and should stop in this area, or a little more / less.

If the index exceeds this (1,350 points)

It is considered quite risky.

And investors are careful to buy stocks at this level.

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