Mr. Wichit Arayapisit, senior director of Maybank Securities (Thailand) revealed that the Thai stock market within the next week (10-14 January) that swings sideways. After the stock rose the previous strength. and concerns about foreign factors In particular, the US Federal Reserve or the Fed released the minutes of its meeting between 14-15 December 2021, signaling more tightening of monetary policy. Which considers reducing the balance sheet (Balance Sheet) by pulling back liquidity Consensus expects the Fed to raise interest rates in March. After the end of the QE measures In March 2022, but have to wait to see the results of the Fed’s official meeting on 25-26 January again, warned that investments at the end of the month must be cautious.
As for the epidemic of omikron, it’s not a concern. Even though the number of infected people is high, Prof. has not locked down. Just level the situation area. By increasing the province’s control area (orange) from 39 provinces to 69 provinces and extending work from home until January 31, 2022
However, after seeing the bad news, the market believes that the index can continue to look at support at 1640 points and resistance at 1670 points.
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