Thai stock market situation: closed at 17.44 points, alleviating concerns that the situation at the central bank is not serious – banks' balance sheets are better than expected.


InfoQuest News Agency (April 22, 2024)

The stock market closed today at 1,349.52 points, an increase of 17.44 points (+1.31%), with a trading value of 43,139.29 million baht indicating that the Thai stock market rose today. After the conflict, the situation in the Middle East did not escalate into violence, including reports that the banking group's operating results were better than market expectations. Today, stocks that have improved well include banks, finance companies, and food and beverage companies. Tomorrow's trend is expected to swing sideways. With a support frame of 1,345 points and resistance of 1,355 points, if it is crossed, it will be a positive technical signal.

The stock market closed today at 1,349.52 points, an increase of 17.44 points (+1.31%), with a trading value of 43,139.29 million baht.

Stock trading today and the index rose positively. The index recorded the highest point at 1350.94 points and the lowest point at 1339.92 points.

As for securities, the changes today increased by 413 securities, decreased by 104 securities, and remained unchanged by 139 securities.

The Thai stock market rose today, said Mr. Natthaphon Khamtakroya, Director of Securities Analysis at Yuanta Securities (Thailand). After a sharp decline on Friday, the conflict situation in the Middle East has not become more violent. Including reporting the performance of bank stocks that was better than market expectations. This has led to a rise in the group of stocks mentioned today. Including the financial group Food and Beverage has improved well. However, there are sales pressures in the petrochemicals group. And energy sourced from lower oil prices

Tomorrow's trend is expected to swing sideways. The support range is 1,345 points and the resistance level is 1,355 points. If it is crossed, it will be a positive technical signal.

Local factors track the Cabinet reshuffle and reporting of operating results in the first quarter of 2024 for listed companies. Meanwhile, international factors are keeping an eye on the conflict situation in the Middle East and the US PCE Price Index report for March. On Friday, April 26th

The securities with the highest trading value are 5 securities

KBANK (XD) had a trading value of 2,905.99 million baht, closing at 124.00 baht, the price unchanged.

PTTEP's trade value was 2,038.25 million baht, closing at 157.50 baht, down 2.50 baht.

JAS's trading value reached 1,690.12 million baht, closing at 3.40 baht, an increase of 0.54 baht.

SCB Bank's turnover reached 1,623.32 million baht, closing at 104.50 baht, an increase of 1.50 baht.

BDMS's trading value reached 1,346.30 million baht, closing at 28.25 baht, an increase of 0.50 baht.

By Warrenthon Sirenok/Ratchada Kongkhonthian

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