The stock closed 14.29 points, the power plant profit-taking, and DELTA shares pressure on tomorrow’s investment outlook. The market direction is largely based on the outcome of the second-round Senate election in Georgia. But the market has a chance to rebound This depends on DELTA’s sales force will be less or not. Which is expected to be less
Mr. Mongkol Puangpetra Assistant Managing Director KTB Securities (Thailand) Investment Strategy Department said that the Thai stock market today is volatile due to profit-taking of shares in the power plant group after it has risen much. It is also experiencing sales pressure on DELTA shares after using the Cash Balance criteria, despite the overall market responding to the COVID-19 pandemic. In the country to a lesser extent But DELTA’s downturn has already had an effect on the index at around 9 points, and the power plants, which have plunged together in several stocks, had an effect on the index by 4-5 points.
As a result of profit-taking pressure, there was a swap to play stocks in the oil sector. And bank groups Oil stocks benefited from a meeting of the Petroleum Exporting Countries and the Allied Nations (OPEC Plus), where Saudi Arabia cut output.
As for the stock market in Asia, most of them are negative. Like the Dow, futures move in negative territory. While the European markets that were trading this afternoon were fluctuating in both positive and negative territory. Amidst the results of the second-round Senate election in the US state of Georgia, the US private sector employment numbers must also be monitored today. That is interfering with the market
In terms of market conditions, the Thai stock market closed at 1,492.36 points, a decrease of 14.29 points or changed -0.95%, with a turnover of 142,327.03 million baht.
As for tomorrow’s investment outlook (7 Jan), Mongkol said the market direction was largely dependent on the outcome of the second-round Senate election in Georgia. But the market has a chance to rebound This depends on DELTA’s sales force will be less or not. Which is expected to be less With a frame of swing at 1,480-1,500 points