Kasikorn Securities Co., Ltd. sees the Thai stock index has support at 1,650 and 1,635 points, while resistance is at 1,680 and 1,700 points, respectively. As of Friday (Dec. 30), the SET index closed at 1,668, 66 points, an increase of 3.16% when assessing important factors to monitor, especially Thailand’s December 65 inflation Overseas Capital Directorate The COVID situation in China, including plans to receive Chinese tourists
Important US economic data includes PMI and ISM indices, manufacturing and services sectors. Non-farm employment numbers Unemployment rate in December and Federal Reserve (Fed) meeting minutes, while other external factors include December consumer prices (preliminary) and consumer confidence in the euro area, as well as the PMI of December of the euro area, Japan and China
in the last week of the year The Thai stock market rebounded more than 50 points, with the SET index rebounding since the beginning of the week. according to overseas stock markets This was driven by news of China’s preparations to open up the country in early 2023, the Bank of Thailand economic report. which also reflects the continuing recovery trend together with the purchasing power of foreign investors Such positive factors have boosted buying across all sectors this week. Technology stocks were the biggest gainers on the back of buying pressure for an electronics maker about its specific problems. Trading was active on the last business day of the year before the New Year holiday.
Looking at the big picture in 2022, the SET index rose 0.67% to close the end of 2022 at 1,668.66 points from 1,657.62 points at the end of 2021, with Thai stocks swinging lower in the first half of the year. There is a downside to the Fed’s tightening of monetary policy. Russo-Ukrainian war Omicron subspecies outbreak In addition to lockdowns in many Chinese cities, however, Thai stocks have gradually recovered since mid-July. There are positive factors from the performance of the Thai economy which is gradually recovering. A slowdown signaled the Fed’s rate hike after US inflation collapsed, and further support came towards the end of the year from news of China’s preparations for opening up.
