The stock market in the morning rose more than 10 points, rebounding in line with foreign markets. Buyback pressure on large stocks (Big Cap) by leading banks After market concerns about financial problems in Europe and the United States.
At 9:58 a.m., the SET index was at 1,565.68 points, an increase of 10.23 points (+0.66%).
Mr. Nattaphon Khamthakrua Director of Securities Analysis Department of Yuanta Securities (Thailand) said that the Thai stock market rose more than 10 points this morning, rebounding in line with other Asian stock markets. Due to the decrease in concern about the problem of financial institutions in Europe. After the Bank of England (BOE) and the European Central Bank (ECB) came out to build confidence that what happened to the credit banks. Swiss will not affect other banks.
However, the movement of the Thai stock market today should swing within a limited range. with less volatility While waiting for the Federal Reserve meeting (Fed) on March 21-22, 2023, the resistance is 1,570 points and the support is 1,555-1,560 points.
By InfoQuest News Agency (21 March 2023)
Tags: SET, Natthaphon Khamthakrua, stock market, Thai stock market, Thai stocks