Thai stock market conditions:

SET Closed today at 1,470.10 points, an increase of 1,58 points (+0.11%), trade value 60,196.60 million baht Analysts indicate that the Thai stock market is moving in a positive area today. The first period bounced up strongly before finding profit taking in the afternoon, causing the positive period to decrease. The increase was supported by the Vayupak Fund to compensate for foreign sales pressure. and oil prices back Meanwhile, the market is pressuring the Fed to continue cutting interest rates even though US inflation is higher than expected. And wait until China sees more economic stimulus this weekend. The movement for next week is expected to move to the side, pending the results of the meeting. MPCIf there is a signal to cut interest rates, it will have a positive effect on the Thai stock market. and followed the budget of the 3rd quarter of the bank group Ready to provide a support frame of 1,450 points, resistance 1,480 points, the next 1,500 points.

SET closed today at 1,470.10 points, up 1.58 points (+0.11%), trading value 60,196.60 million baht.

Stock trading today The index went up in positive territory. In the afternoon, the positive period decreased, making the highest point 1,482.02 points and the lowest point 1,470.10 points.

In terms of securities changes today, there was an increase of 187 securities, a decrease of 263 securities, and 215 securities unchanged.

Mr. Apichart Phubanjerdkul, Senior Director of CISA, Strategic Research Department, TISCO Securities, said that the Thai stock market today is moving in a positive area. In the evening, there was pressure to take profit, forcing the market to reduce its positive period from the strong rise in the early morning. The increase in the index is seen to be due to the purchasing power of the Vayupak Fund which continues to flow in. Compensate for selling pressure from foreign investors. and oil prices are starting to recover, which is good for the Thai stock market.

In addition, the market is also putting pressure on the Federal Reserve (Fed) to continue cutting interest rates. Although US inflation numbers are higher than expected But interest rate cuts are still being made gradually. The Fed was previously expected to cut interest rates by as much as 0.50%.

While the Chinese stock market fell 2%, there is still hope that China will launch additional measures to stimulate the economy this weekend. China’s Ministry of Finance will hold a press conference on fiscal policy on Saturday.

The trend of the Thai stock market next week is expected to move sideways. The purchasing power of Vayupak money may start to weaken after it bought more than 20 billion baht and the SET index has already improved to a certain level. Including waiting for the results of the meeting of the Monetary Policy Committee (MPC) From the point of view of TISCO, it is expected that the MPC will keep interest rates But the MPC committee could be separated. Or signal that there is a chance to lower interest rates in the next period. The MPC’s statement must be followed. If there is a chance to lower interest rates, it will support the Thai stock market to continue rising.

And next week, the banking group will gradually start announcing budgets for the 3rd quarter of 2024, especially at the end of the week. First, the banking group’s operating results are expected to be stable both QoQ and YoY.

Ready to give the index framework for the next week, support at 1,450 points, resistance at 1,480 points and the next 1,500 points.

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

PTT trading value 4,074.32 million baht, closed at 34.25 baht, an increase of 0.75 baht.

GULF trade value 3,459.99 million baht, closed at 64.75 baht, an increase of 2.00 baht.

KTB trade value 2,880.40 million baht, closed at 21.60 baht, an increase of 0.50 baht.

DELTA trade value 2,587.29 million baht, closed at 117.00 baht, an increase of 1.00 baht.

KBANK trading value 2,526.27 million baht, closed at 154.00 baht, an increase of 1.50 baht.

By Saowalak Ponphon/Sasithorn Simaporn

SET Closed today at 1,452.20 points, an increase of 7.95 points (+0.55%), trading value 49,414.82 million baht.

Stock trading today The index varies by region. The lowest point was at 1,443.56 and the highest point was at 1,453.70.

In terms of securities, today’s change increased by 326 securities, decreased by 178 securities, and remained unchanged by 162 securities.

Mr. Global oil prices are stagnant and there is no reason to support the energy sector. And investors still need to follow the opinion of Iran: will there be any progress in the next 1-2 days? Israel did not retaliate.

Our stock market has a lot of buying power in the retail and food sectors such as CPALL, CPF, CRC, etc. But the overall market did not go up strongly.

The movement of the Thai stock market tomorrow Should move upwards It is seen that the Vayupak Fund is likely to continue investing in this cycle as the SET index has not fallen significantly. It has fallen to the lowest 1,432 points and suggests after the meeting of the Monetary Policy Committee (MPC), which is expected to keep interest rates. This makes the bank group still attractive to invest in and it is expected that KBANK will have more purchasing power from the Vayupak Fund.

Ready for resistance at 1,465 points, support at 1,445 points.

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

The trading value of PTTEP decreased by 2,489.96 million baht, closed at 136.00 baht, 0.50 baht.

CPAAL trading value 1,884.37 million baht, closed at 65.00 baht, an increase of 1.00 baht.

OKJ trading value 1,803.35 million baht, closed at 12.90 baht, an increase of 0.50 baht.

INTUCH trading value 1,715.00 million baht, closed at 99.50 baht, an increase of 2.25 baht.

BDMS trading value 1,584.99 million baht, closed at 29.75 baht, an increase of 0.25 baht.

By Saowalak Ponphon/Sasithorn Simaporn

SET Closed today at 1,444.25 points, an increase of 1.52 points (+0.11%), trading value 63,978.43 million baht.

Stock trading today The index is up and down, limited. The lowest point was at 1,432.22 and the highest point was at 1,447.65.

In terms of securities changes today, there was an increase of 180 securities, a decrease of 320 securities, and no change to 169 securities.

Mr. Narongdet Chanthapaisarn, Director of Securities Analysis at AIRA Securities, said that the Thai stock market has made a strong comeback today. The latter moves itself to the side in a limited frame. Supported by crude oil prices recovering from the effects of tensions in the Middle East increasing. and the Organization of the Petroleum Exporting Countries (OPEC) and associated countries. or OPEC Plus Continue to reduce production capacity until the end of 2024, having a positive effect on the management of energy stocks, helping to support the market. Bringing in the money from the Vayupak Fund, it has helped in reducing the depression and ushering in positive times.

Market trends are expected next week. Drag side to side up. The report on non-agricultural employment numbers in the United States (Nonfarm Payroll) for September continued tonight. This is expected to help ease some concerns about a weak US labor market, with China continuing to roll out measures to stimulate the economy.

Keep the support level at 1,432-1,420 points and the resistance level at 1,450-1,465 points.

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

OKJ trading value 4,465.60 million baht, closed at 12.40 baht, an increase of 5.70 baht.

PTTEP trading value 3,639.41 million baht, closed at 136.50 baht, an increase of 3.00 baht.

INTUCH trading value 3,549.37 million baht, closed at 97.25 baht, an increase of 1.75 baht.

GULF trade value 2,800.11 million baht, closed at 59.00 baht, an increase of 1.25 baht.

BDMS trade value 2,142.35 million baht, closed at 29.50 baht, price unchanged.

By Phacharathorn Phumikham/Sasithorn Simaporn