© Reuters Thailand stock market conditions: Very thin volume on Christmas Day, morning positive 0.62 points. Afternoon trend oscillates within narrow range.
InfoQuest – The stock market closed this morning at 1,405.71 points, up 0.62 points (+0.04%), with a trade value of approximately 10,839 million baht.
In morning trade the index swung in a narrow range in positive territory, with a high of 1,409.29 points and a low of 1,404.35 points.
Senior Assistant Managing Director, Research Division, Krungthai Xspring Securities Mr. Thanomchak Saharatchai says the Thai stock market is swinging in positive territory within a narrow range today. And trading value is light Christmas is a stock market holiday in many countries. But the 10-year U.S. government bond yield remains supportive and the U.S. dollar continues to weaken. From expectations that the US Federal Reserve (Fed) will cut interest rates by the end of 1Q24.
As for domestic factors, Thailand's export numbers continued to rise in November 2023, supporting the sentiment somewhat, although no other new factors came in to support it.
The market is expected to continue to fluctuate within a narrow range after the afternoon trend. Trading will not be active, resistance at 1,410-1,1415 points, support at 1,395-1,400 points.
In respect of bonds with high trading value, 5 bonds
DELTA traded at 1,209.60 million baht, closing at 93.00 baht, an increase of 1.00 baht.
COM7 trade value was 283.47 million baht, closing at 23.40 baht, down 0.20 baht.
CBG traded at 280.25 million baht, closing at 85.75 baht, an increase of 1.75 baht.
RCL traded at 277.80 million baht, closing at 23.70 baht, down 0.70 baht.
PTTEP traded at 261.26 million baht, closing at 148.00 baht, an increase of 0.50 baht.
“Avid gamer. Social media geek. Proud troublemaker. Thinker. Travel fan. Problem solver.”