Thai stocks closed positive at 3.64 points, inferior to the region. Brokers are looking at a short-term correction. Keep an eye on energy group budgets: InfoQuest

Editor’s Picks, Stock News5:16 p.m.2024-04-24

SET closed today at 1,361.10 points, up 3.64 points (+0.27%), trading value 38,553.81 million baht. Analysts Indicates that the Thai stock market today has a short-term correction after rebounding but has not yet passed the important resistance level of 1,365 points, rebounding less than in regions supported by technology stocks. Tomorrow’s trend is expected to shrink. Recommended to follow the budgets of listed companies in 1Q24, especially the energy group. As for foreign factors, follow the performance of tech stocks. Give a support frame of 1,330-1,345 points and a resistance level of 1,365 points.

SET closed today at 1,361.10 points, an increase of 3.64 points (+0.27%), trading value 38,553.81 million baht.

Stock trading today The index swings in positive territory within a narrow range. The lowest point was 1,355.44 points and the highest point was 1,364.91 points.

As for securities, today’s change increased by 203 securities, decreased by 239 securities, and remained unchanged by 211 securities.

Mr. Sorapon Weeramethikul, Assistant Managing Director The head of the investment strategy team at Kasikorn Securities said that the Thai stock market is resting in the short term after rebounding but has not yet passed the important resistance level of 1,365 points. Today, the Thai stock market has improved less than the region. Meanwhile, the international market gained support from technology stocks, anticipating the earnings of US tech stocks. But the Thai stock market rarely has tech stocks. causing the index to be less positive

Tomorrow’s trend is expected that the index will shrink. By following up on the reporting of 1Q24 operating results of listed companies. Especially the energy group which will begin to be gradually announced next week onwards. while abroad No important economic numbers have been reported this week. In the short term, follow the earnings reports of major US tech stocks.

Giving a support frame of 1,330-1,345 points and a resistance level of 1,365 points.

As for the securities with the highest trading value, 5 securities

BBL (XD) trading value 2,016.52 million baht, closed at 136.50 baht, decreased 1.50 baht.

KBANK trading value 1,705.42 million baht, closed at 127.00 baht, an increase of 2.00 baht.

TISCO (XD) trading value 1,635.66 million baht, closed at 94.75 baht, decreased 4.75 baht.

SCB trading value 1,298.52 million baht, closed at 105.00 baht, price unchanged.

DELTA trading value 1,247.40 million baht, closed at 72.25 baht, an increase of 2.25 baht.

By InfoQuest News Agency (24 April 2024)

Tags: SET, stock market, Thai stock market, Thai stocks