Thai stocks closed 0.94% lower this morning, with some trading volumes fluctuating narrowly depending on the region. No New Factors – Waiting for US Inflation Tonight: InfoQuest

Stock Trading The market closed this morning at 1,412.58 points, down 0.94 points (-0.07%), with a trading value of approximately 18,315 million baht.

In morning trading, the index fluctuated in a narrow range depending on the region, recording the highest at 1,417.64 points and the lowest at 1,407.68 points.

The stock market fluctuated this morning within a narrow range, said Mr. Wathan Jetsomnoik, Director of Strategic Analysis at Phai Securities. In line with other stock markets in Asia. Because there are still no new factors coming in support and investors are waiting to see the CPI numbers for December. United States tonight to find signals on the direction of the US Federal Reserve (Fed) interest rates by Bloomberg analysts. It is expected to rise by 3.2% year-on-year from 3.1% in November and increase by 0.2% month-on-month from 0.1% in November.

However, if the inflation number comes in lower than expected, it will have a positive impact on the market. But on the other hand, if it is higher than expected, it will put pressure on the market to continue falling.

In addition, investors are still waiting to see the fourth-quarter 2023 operating results announcement of Thai listed companies. He will start from the Commercial Banking Group next week. Including waiting for clarity on the issue of digital wallets.

It is expected that there will be an afternoon trend for the market. It should continue to fluctuate within a narrow range. Support is at 1400 points and resistance is at 1420 points.

The securities with the highest trading value are 5 securities

KBANK's trading value reached 808.49 million baht, closing at 129.50 baht, unchanged.

AOT's turnover reached 745.36 million baht, closing at 62.75 baht, down 0.25 baht.

COM7's trading value reached 594.77 million baht, closing at 23.50 baht, down 1.10 baht.

CPALL's trading value reached 473.41 million baht, closing at 54.25 baht, unchanged.

SCC's turnover reached 409.93 million baht, closing at 290.00 baht, down 3.00 baht.

By InfoQuest News Agency (January 11, 2024)

Tags: stock market, thai stock market, thai stocks

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