Thai stock index closes 3.77 points lower Daily News

The atmosphere of Thai stocks on April 3, 2024 fluctuated in positive and negative territory. In the same direction as foreign stock markets, which are concerned about the Fed holding interest rates for too long. The banking group is the main group that declined this time, and as a result, the stock index closed at 5:02 pm at 1,375.69 points, down 3.77 points, or 0.27%, with a trading value of 41,806.63 million baht. The MAI market closed at 400.53 points, down 6.24 points, or 1.53%, with a trading value of 3,512.33 million baht.

Ms Welasini Bomasong Song, Senior Director of Research at Globlex Securities, said investors should keep an eye on the factors that help stock indices rise. The Ministry of Finance considered extending the procedure to reduce the excise tax rate on diesel fuel, which expires on April 19, 2024, in order to alleviate the suffering of the people. The Ministry of Commerce estimates that Thailand will rank better than in 2023 in the group of countries monitored for intellectual property rights in the review of the status of trading partners, thus giving the index movement framework at 1360-1410 points.

Top 5 Traded Securities

1.PTTEP stock closed at 157.50 baht, an increase of 2.50 baht.

2. CP all closed at 55.00 baht, up 1.00 baht.

3. Krungthai Bank closed at 16.40 baht, down -0.20 baht.

4.SCB stock closed at 112.50 baht, down -1.50 baht.

5.The front closed at 204.00 baht, an increase of 1.00 baht.

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