Home » today » Business » Thai Stock Market Update: SET Closes at 1,386.27 Points, Down 1.00 Points (-0.07%)

Thai Stock Market Update: SET Closes at 1,386.27 Points, Down 1.00 Points (-0.07%)

Stock news 17:20 2024-02-16

SET closed today at 1,386.27 points, down 1.00 points (-0.07%), trading value 43,564.47 million baht.

Stock trading today The index moves in both positive and negative territory. The lowest point was 1,383.38 points and the highest point was 1,397.05 points.

As for securities, today’s change increased by 152 securities, decreased by 327 securities, and remained unchanged by 174 securities.

Mr. Weerawat Wirojphoka, Director of Securities Analysis at Finansia Syrus Securities, said that the Thai stock market today is swinging sideways. Move in both positive and negative territory. But in the afternoon, it shrunk down to mainly negative swings. and closed slightly lower The pressure comes from DELTA shares, which experienced selling pressure after announcing 2023 operating results that were lower than what analysts expected.

However, there is still buying power in energy stocks such as PTT and TOP that reported good operating results for 2023 and received support from rising oil prices such as PTTEP, as well as buying back in bank stocks to support the index. While other stock markets in Asia today mostly rose.

Next week’s trend is expected to continue to swing sideways. Keep an eye on the announcement of economic numbers from the NESDB on Monday. And there may be a risk of adjusting profit estimates for listed companies in 2024 after reporting quite a lot of results. But we still haven’t seen a bright recovery. As a result, the overall index’s upward movement is still quite limited.

Provides resistance at 1,400 points, support at 1,380 points.

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

PTT trading value 3,071.45 million baht, closed at 35.75 baht, an increase of 1.00 baht.

DELTA trading value 2,503.72 million baht, closed at 77.50 baht, decreased 4.00 baht.

IVL trading value 1,589.63 million baht, closed at 23.50 baht, decreased 1.00 baht.

ADVANC trading value 1,526.28 million baht, closed at 213.00 baht, an increase of 3.00 baht.

PTTEP trading value 1,324.52 million baht, closed at 155.00 baht, an increase of 3.00 baht.

By InfoQuest News Agency (16 Feb. 2024)

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

2024-02-16 10:20:54
#Thai #stocks #closed #point #energy #purchasing #power #banks #unable #push #encountering #selling #pressure #DELTA #drags #eye #weeks #GDP #InfoQuest

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