Today’s stocks

Spot Bitcoin ETF trading volume in the US on first day exceeds nearly $4.6 billion Meanwhile, the majority of new capital flowed into BlackRock and Fidelity Investment.

After the US SEC approved 11 Spot Bitcoin ETFs on January 10, (US time) Most recently, the fund’s first day trading volume exceeded nearly $4.6 billion. Most of that came from Grayscale, BlackRock, and Fidelity Investments.

BlackRock and Fidelity Investment ETFs had first-day trading volumes of $942 million and $628 million, respectively, accounting for the majority of daily trading volume in terms of new inflows. The money flowing into all 10 ETFs will be directly purchasing Bitcoin. This does not include Grayscale’s GBTC.

While Grayscale’s Bitcoin Trust (GBTC) had the largest trading volume of approximately $1.9 billion, it is not clear how much of that volume was accounted for by new inflows. This is because the fund is in a state that has just been converted.

Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, said the majority of Grayscale’s trading volume is likely selling. This will be different from BlackRock and Fidelity funds, which will be an influx of new capital.

Additionally, ARK 21Shares Bitcoin ETF had trading volume of $148 million, while Franklin Templeton and Valkyrie had trading volume of less than $10 million each.

Source: CryptoSlate

2024-01-12 01:18:00
#dense #Bitcoin #Spot #ETF #Volume #Surpasses #Billion #Open #trading #day

COMEX gold price rises to $7.2 on weaker dollar Follow the US employment numbers tonight.

News reports from abroad Revealed that yesterday (January 4, 2023) the COMEX (Commodity Exchange) gold contract will be delivered in February. Rose $7.20 or 0.35% to close at $2,050/ounce.

with the dollar index weakening which investors keep an eye on the United States Revealing figures for non-agricultural employment today. While analysts predict that Non-agricultural employment figures will increase by only 163,000 jobs in December. After adding 199,000 jobs in November And the unemployment rate is expected to increase to 3.8% in December from 3.7% in November.

In labor data released last night, Automatic Data Processing Inc. (ADP) said U.S. private sector employment increased by 164,000 in December. This is the highest employment figure since August. and higher than analysts’ expectations of 130,000 jobs after increasing 101,000 jobs in November.

Meanwhile, the US Labor Department said initial jobless claims fell 18,000 to 202,000 last week. and lower than analysts’ estimates of 219,000.

2024-01-05 01:44:00
#COMEX #gold #price #coinsounce #weaker #dollar

Krungsri Bank Looking at the baht this week, trading in the range of 34.00-34.65 baht per dollar. Ready to wait to see US employment numbers and the Fed meeting report during this period. Last Dec.

Global Markets Group Bank of Ayudhya Public Company Limited assesses the baht to welcome the new year in the first week of the year as The baht tends to move in the range of 34.00-34.65 baht/dollar compared to last week. The baht closed stronger at 34.19 baht/dollar after trading in the range of 34.11- 34.73 baht/dollar in the week-end of the year. Meanwhile, the baht reached its strongest level in five months. The dollar weakened against most major currencies last week. The dollar index depreciated 2.1% in 2023, which was the first year of decline since the 2020 Covid crisis.

Meanwhile, the market is increasingly speculating about the US Federal Reserve’s (Fed) interest rate cut trend in 2024, with futures contracts reflecting that the Fed will cut interest rates by 25 bps for the first time in March. and will reduce interest rates by approximately 150 bps by the end of this year.

The euro rose 3.0% as pressure on energy prices eased compared with a year earlier when Russia launched its invasion of Ukraine. As for the yen, it depreciated by 7.6% in 2023 because the Japanese authorities still showed reluctance to adjust monetary policy. In contrast to other leading central banks that continued to raise interest rates in the first half of the year. However, the yen dropped significantly into the negative period in December. While the market expects the Bank of Japan (BOJ) is close to making a decision to end the extremely accommodative policy. In 2023, the baht strengthened by 1.0%. Foreign investors sold Thai stocks and bonds for a net amount of 192,490 million baht and 146,148 million baht, respectively, last year.

For this week’s overview Krungsri’s Global Markets Group revealed that the market will follow important US economic data such as employment, as well as the minutes of the Fed meeting on December 12-13. Meanwhile, the dollar’s depreciation accelerated in the final quarter of 2023 on expectations that the Fed would be the first major central bank to start cutting interest rates. If data indicates that inflation continues to slow at the beginning of the year The market will find it increasingly difficult for the Fed to hold policy tight for a long time. Incidentally, other issues Led by the Chinese economic climate and geopolitical risks affecting shipping costs for developing countries, this could also limit dollar selling pressure.

As for domestic factors Investors will pay attention to the December 2023 Consumer Price Index. Meanwhile, Thailand had a current account deficit of 1.2 billion dollars in November 2023. The BoT commented that the economy would continue to grow. and has more complete economic momentum Overall, it is expected that in 2024 uncertainty will remain high both from inside and outside the country.

2024-01-02 06:14:00
#Krungsri #views #baht #week #34.0034.65 #bahtdollar #waits #employment #figures

SEC plans to adjust criteria for reporting IPO stock sales results For the benefit of investors Before putting stocks into trading on the first day
The SEC is open to hearing opinions on improving the criteria for reporting IPO stock sales results to benefit investors’ decision-making. Before the stock enters the first day of trading

PTT appointed “Chatchai Promlert” as chairman of the board to replace “Prasert Sinsukprasert” who resigned.
PTT has resolved to appoint “Chatchai Promlert” as chairman of the board to replace “Prasert Sinsukprasert” who resigned, effective 23 Dec. 2023.

TTW has set an investment budget for 2024 of 406 million baht, used to improve machinery. Tap water sales are expected to remain stable.
TTW reveals investment budget for 2024 at 406 million baht, used to improve machinery and equipment. It is expected that water sales in 2024 will remain stable and are looking for opportunities to invest in additional water projects, specifying the concession work of “Pathum Thani Waterworks” expects profit margin of 15%

“SEI Medical (SEI)” files filing for IPO sale of 50 million shares, preparing to enter the mai market.
“SEI Medical Public Company Limited (SEI)” plans to raise funds in the mai market and proceeds with submitting a filing request to the SEC Office to offer 50 million IPO shares at par value per share. 0.50 baht Prepare to spread your wings Expand medical tools and equipment business Ready to appoint Avantgarde Capital Company Limited as a financial advisor.

CHO raised 1,200 million baht by selling additional RO shares between 26-28 Dec. 2023 – 3 Jan. 2024.
CHO raises big funds by selling additional RO shares to allow shareholders to exercise rights to subscribe for additional shares combined with warrants. Between 26-28 Dec. 2023 and 2-3 Jan. 2024 to support business expansion plans. Short-term and long-term strengthening

“Suriya” urges AOT to prepare for travel during the New Year. Expected overflow of 2.65 million passengers
“Suriya” urges AOT to be prepared at every airport Supports the travel of tourists and citizens during the New Year festival. It is expected that there will be 2.65 million passengers or 379,830 people per day, an increase of 35.5 percent, and there will be 15,152 flights or an average of 2,165 flights per day. increased by 27.4 percent

PRM has allocated a budget of 800 million baht to prepare to buy back no more than 100 million shares during 27 Dec. 2023 – 27 June 2024.
PRM has allocated a budget of 800 million baht to launch a project to buy back shares of no more than 100 million shares, preparing to purchase between 27 Dec. 2023 – 27 June 2024 to manage excess liquidity. and increase the opportunity to create returns

TEAMG invests 204 million baht to acquire 6% of NETBAY shares to expand information technology services.
TEAMG invests 204 million baht to acquire 12,000,000 NETBAY shares, a 6% stake, by purchasing from “Pichit Wiwatrujirapong”, the major shareholder. Expand information technology services After previously DITTO came in and bought 24.90% of NETBAY for a total value of 846 million baht.

PTT plans a 5-year budget (67-71) of nearly 200 billion baht to invest in energy-EV-medical-infrastructure-AI businesses.
PTT approves a 5-year investment budget (67-71) with a total amount of 89,203 million baht, still focusing mainly on natural gas. Ready to prepare an investment budget of another 107 billion baht to expand investment during the energy transition. Focusing on clean energy – life sciences – pharmaceutical business – nutrition – medical equipment – AI & Robotics

PTTEP invests 24 billion baht to buy 50% of shares in TERSH to develop wind power plants in Scotland.
PTTEP has invested approximately 24 billion baht to acquire a 50 percent investment in TotalEnergies Renewables Seagreen Holdco (TERSH) to invest in the Seagreen Offshore Wind Farm project, which is the largest offshore wind power plant project in the country. Scotland Ready to generate income from such projects immediately. It is also an opportunity to jointly develop other clean energy projects with the Total Group. Leading energy company of the future

Energy adds New Year’s gifts to Thai people. Confirming that there will be no increase in the price of any type of oil for the next 10 days.
Ministry of Energy Giving New Year’s gifts to the people, reducing electricity bills, confirming that there will be no increase in retail prices of all types of gasoline for 10 days, along with discounts on many electrical appliances.

SCB FM assesses that the Fed will gradually reduce interest rates in Q2/24, causing US bond yields to slow down – expected The MPC held interest rates throughout the year.
SCB FM assesses that the downtrend interest rate cycle in foreign countries is likely to begin in the 2nd quarter of 2024. It is expected that the Fed will cut interest rates 4-5 times, resulting in US bond returns. tends to decrease Supporting the continued strengthening of the baht, while the MPC expects market interest rates to remain constant this year.

BBL expects the Thai economy to grow 3-3.5% in 2024, supporting credit expansion accordingly. Received support from investment and government spending.
BBL expects loans in 2024 to grow in line with the economy that is expected to expand at the level of 3-3.5% due to investment support from abroad. government spending and tourism while being ready to continue supporting agricultural sector loans Hoping to help raise the level of income generation and competitiveness.

GH Bank reveals that in 2023 new loans will reach the target of 235 billion baht. NPLs are likely to decrease better than expected.
GH Bank reveals that this year new loans will be released as per the target of 235,480 million baht. NPLs are still at an appropriate level of 4.06%, moving forward to increase opportunities for Thai people to have their own homes.

The Revenue Department reiterates the Easy E-Receipt criteria for a maximum deduction of 50,000 baht starting 1 Jan. – 15 Feb. 2024.
The Revenue Department reveals criteria and conditions for Easy E-Receipt starting 1 Jan. – 15 Feb. 2024, only for those who receive e-Tax Invoice or e-Receipt only, expecting money to circulate in the economy. 70,000 million baht, stimulating GDP by 0.18%

Source: E-Finance Thai News Agency

2023-12-24 23:26:00
#Summary #important #news #EFinance #Thai #News #Agency #dated #December

COMEX gold price plus $11.6 after dollar weakens and bond yields decrease. Keep an eye on US inflation numbers End of this week

News reports from abroad Revealed that yesterday (19 Nov. 2023) the COMEX (Commodity Exchange) gold contract will be delivered in February. Rose $11.60 or 0.57% to close at $2,052.10/ounce. The gold market was supported by the weakening dollar index. Meanwhile, the yield on 10-year US government bonds decreased.

Investors are keeping an eye on the US Personal Consumption Expenditures (PCE) Price Index, which will be released on Friday. The PCE Index is the Fed’s main measure of inflation. Because it can detect changes in consumer behavior and covers the prices of goods and services more broadly than the Consumer Price Index (CPI).

Analysts expect the Headline PCE Index, which includes the food and energy categories, to increase 2.8% in November year-on-year from 3.0% in October. The Core PCE Index (Core PCE) which does not include food and energy categories. It is expected to increase 3.4% in November year-on-year from 3.5% in October.

2023-12-20 01:45:00
#COMEX #gold #price #rises #dollar #weakens #bond #yield #decreases