Thai Stocks Close with Minor Gains Despite Global Slowdown and Political Uncertainty

Thai stocks close +4.67 points, brokers point to buying energy-communication stocks to support despite the pressure from the slowdown in Chinese exports and uncertainty in the formation of the government came under pressure Assess future investment trends Expected to swing sideways Look at resistance at 1,540 points and support at 1,520 points.

The Thai stock market closed for trading on June 7, 2023, increasing +4.67 points or +0.31%, closing at 1,533.21 points with a trading value of 50,564.76 million baht, while the overall stock trading today The index moved within a narrow range. During the day, the index rose to its highest point at 1,534.69 points, on the contrary, it dropped as low as 1,522.30 points.

While the securities that changed today increased by 247, 201 remained unchanged, and 197 decreased.

Regarding trading volume classified by investor groups, it was found that foreign investors Net buy more than +1,611.10 million baht. Domestic investors net sold over -1,048.82 million baht, securities brokerage accounts net sold over -278.78 million baht, institutional investors net sold over -283.50 million baht.

The securities with the highest trading value of the 5 securities
1.CPALL, trading value 2,683.82 million baht, closed at 62.50 baht, down 0.75 baht
2.PTTEP, trading value 2,574.30 million baht, closed at 150.00 baht, an increase of 5.00 baht
3.DELTA, trading value 1,942.48 million baht, closed at 100.50 baht, down 1.00 baht
4.BBL, trading value 1,868.96 million baht, closed at 160.50 baht, down 1.00 baht
5.GULF, trading value 1,466.53 million baht, closed at 45.75 baht, an increase of 0.50 baht

The SET100 index with the highest gains in 5 rankings are:
1.PTTEP closed at 150.00 baht, an increase of 5.00 baht or 3.45%
2.SCC closed at 332.00 baht, an increase of 4.00 baht or 1.22%
3.EA closed at 63.00 baht, an increase of 2.50 baht or 4.13%
4.HANA closed at 46.50 baht, an increase of 2.00 baht or 4.49%
5.ADVANC closed at 215.00 baht, an increase of 1.00 baht or 0.47%

As for the SET100 index, the top 5 declining prices are:
1.DELTA closed at 100.50 baht, down 1.00 baht or 0.99%
2.BBL closed at 160.50 baht, a decrease of 1.00 baht or 0.62%
3.FORTH closed at 31.25 baht, down 0.75 baht or 2.34%
4.SCGP closed at 37.75 baht, down 0.75 baht or 1.95%
5.CPALL closed at 62.50 baht, a decrease of 0.75 baht or 1.19%

While the SET100 index closed at 2,062.86 points, an increase of 7.67 points or 0.37%, the SET50 index closed at 927.00 points, an increase of 3.46 points or 0.37% and the mai market index closed at 493.96 points, an increase of 5.73 points or 1.17%.

Mr. Chaiyaporn Nompitakcharoen managing director Securities Trading Division, Bualuang Securities said that the Thai stock market today fluctuated within the range. There was buying pressure into stocks in the energy and communications sectors that helped boost the index. Although still without new supporting factors After knowing many factors that affect the stock market

While foreign factors were pressured by the slowdown in Chinese exports. This affects concerns about the global economy that may slow down. Causing still some investment pressure Including the unclearness of domestic politics. This may affect the domestic economy. As a result, selling pressure on stocks related to domestic consumption came out. Other stock markets in Asia alternated positive and negative movements.

“The trend of the Thai stock market tomorrow is expected to swing sideways. While still waiting to follow the US Federal Reserve (Fed) meeting next week. Including help in forming a government Ready to provide resistance 1,540 points Support 1,520 points Mr. Chaiyaphon said