SET closed this morning at 1,397.26 points, an increase of 13.33 points (+0.96%), trading value approximately 25,974 million baht.
Stock trading this morning, the index rose well. The lowest point was 1,385.92 points and the highest point was 1,398.85 points.
Mr. Wathan Jitsomnuek, Director of Strategic Analysis, Phai Securities, said that the Thai stock market performed quite well in the morning, outperforming the Asian stock market. Supported by stocks in the tourism and retail sectors. After the tourism picture has continued to improve momentum as the number of tourists accumulated in January 2024 was at approximately 3 million people, growing 42% YoY. China rose to number 1 with 500,000 people, growing up to 400% YoY. February is also the Chinese New Year festival. It is expected that Chinese tourists will continue to travel to Thailand, which will have a positive impact on the group’s stocks.
Even though the dollar strengthens But the baht depreciated only slightly. We still see foreign capital flowing into the region continuously. Plus, Thai stocks are now valuation is not expensive.
In addition, it is believed that the Monetary Policy Committee (MPC) will maintain interest rates at its meeting tomorrow (7 February 2024) as the market expected. But it is seen as the end of the upward interest rate cycle. As for when it will be reduced, we have to wait and see the direction of interest rates from the US side. and the economic trends of Thailand together
Afternoon trend: expect the market It went up to test the resistance at 1,405 points and provided support at 1,390 points.
As for the securities with the highest trading value, 5 securities
AOT trading value 2,491.66 million baht, closed at 64.75 baht, an increase of 1.00 baht.
BDMS trading value 820.03 million baht, closed at 28.50 baht, price unchanged.
PTTEP trading value 757.28 million baht, closed at 153.00 baht, an increase of 1.00 baht.
JMT trading value 669.75 million baht, closed at 22.70 baht, an increase of 1.30 baht.
KTB trading value 645.99 million baht, closed at 16.10 baht, price unchanged.
2024-02-06 05:42:33
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