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Thai Stocks on January 10, 2024: Fluctuations, Bank Pressure, and Market Predictions

The atmosphere of Thai stocks on January 10, 2024 fluctuated in positive and negative territory. from the selling pressure of stocks in the banking group After the government pressured the Bank of Thailand to reduce interest rates. And brokers lowered their target prices for banking stocks, resulting in the stock index closing at 5:02 p.m. at 1,413.52 points, down 1.41 points or 0.10% with a trading value of 45,472.82 million baht, while the MAI market closed at 418.18 points, an increase of 1.18 points. or 0.28% with a trading value of 1,458.22 million baht

Mr. Kobsak Phutrakul, Chairman of the Board The Thai Capital Market Business Council (Fetco) said that the Thai stock market index in the first quarter of this year is expected to be at 1,476 points and by the end of 2024 it will be at 1,590 points from the Thai economy this year. It is expected to expand by 3-4%, including government economic stimulus measures. Exports that have begun to stabilize The tourism sector is getting better and better, consumption and foreign investment are coming back. Especially in the second half of 2024 due to interest rate reductions by central banks around the world.

Top 5 traded securities

1. Bangkok Bank closed at 150.00 baht, down -4.50 baht.

2. Kasikorn Bank closed at 129.50 baht, down -3.00 baht.

3.BH closed at 235.00 baht, an increase of 7.00 baht.

4.BDMS closed at 27.75 baht, an increase of 0.25 baht.

5.AOT closed at 63.00 baht, an increase of 0.25 baht.

2024-01-10 10:02:00
#Bank #stocks #led #stock #index #close #points #Daily #News

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