Thai stocks down 2.25 points this morning, swinging in a narrow range, waiting to see tonight's Q1/67 budget-US inflation: InfoQuest

The SET closed down 2.25 points (-0.16%) this morning at 1,362.02 points, with a trade value of approximately 19,312 million baht.

The morning stock trade index fluctuates within a narrow range. The highest point was 1,366.24 points and the lowest was 1,360.11 points.

Mr. Watan Jitsomnuk, Director of Strategic Analysis, Phai Securities The Thai stock market has seen a narrow range of volatility this morning. After recognizing the positive factors and some respite from the concern about the unrest situation in the Middle East this caused the market to come back and see new factors in the short term. If tonight's 1Q24 operating results and March PCE inflation in the U.S. both come in below expectations for a 2.4% annual expansion, that could have a positive effect on the stock market. Including waiting to see Thailand export numbers next week.

An afternoon trend is expected for the market. Oscillating in a short frame As in the morning, the support level is at 1,355 points and the resistance level is at 1,370 points.

In respect of bonds with high trading value, 5 bonds

KBANK traded at 1,816.62 million baht, closing at 129.00 baht, an increase of 2.50 baht.

CPALL traded at 999.67 million baht, closing at 57.00 baht, down 0.75 baht.

BBL traded at 894.93 million baht, closing at 136.50 baht, unchanged.

BJC traded at 626.92 million baht, closing at 24.80 baht, down 0.95 baht.

PTTEP traded at 626.80 million baht, closing at 157.00 baht, with the price unchanged.

By InfoQuest News Agency (26 Apr '24)

Tags: Thailand stock market, Watan Jitsomnuk

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