Stock market responds to Covid relief measures Recommends to keep an eye on next week, swinging a frame of 1,668 – 1,700 points

Thai stocks closed up +0.04 points, the broker pointed to the boost from the Covid easing measures to support tourism. Advice to keep an eye on the outcome of the Fed meeting May raise interest rates by 0.5% at the May meeting and assess the investment framework next week at resistance at 1,690-1,700 points and support at 1,668 points.

The Thai stock market closed for trading on April 22, 2022, increased by +0.04 points or +0.00%, closing the market at 1,690.59 points, trading value over 71,018.65 million baht.

While overall trading Thai stocks today, the SET INDEX index moved in negative territory throughout the day and the market turned slightly positive. Intraday, it rose to a high of 1,690.59, while dropping to a low of 1,680.86.

On the day of the change, 583 securities were unchanged, 566 were unchanged, and 1,053 were down.

In terms of trading volume classified by investor group, it was found that Foreign investors sold a net of -928.16 million baht. Domestic investors bought a net of over 484.41 million baht, the securities account bought a net of over 113.59 million baht, and institutional investors bought a net of over 330.16 million baht.

As for the securities with the highest trading value, the 5 securities
1.EA trading value 5,704.36 million baht, closed at 91.50 baht, an increase of 0.75 baht.
2.KTB, trading value 3,484.23 million baht, closed at 14.30 baht, increased 1.20 baht
3.BBL, trading value 2,801.38 million baht, closing at 132.50 baht, a decrease of 2.50 baht.
4.KBANK trading value 2,713.68 million baht, closing at 153.50 baht, a decrease of 1.00 baht.
5.AOT trading value 1,674.04 million baht, closing at 67.75 baht, a decrease of 0.25 baht.

The top 5 SET100 indexes with the biggest gains are:
1.CBG closes at 109.00 baht, an increase of 2.00 baht or 1.87%.
2.SINGER closed at 58.00 baht, an increase of 1.75 baht or 3.11%.
3.CENTEL closes at 43.00 baht, an increase of 1.25 baht or 2.99%.
4. KTB closed at 14.30 baht, an increase of 1.20 baht or 9.16%.
5.CL closed at 45.25 baht, an increase of 0.75 baht or 1.69%.

The five SET100 indices with the biggest price drop are:
1.SCBB closed at 83.25 baht, a decrease of 2.50 baht or 2.92%.
2.BBL (XD) closes at 132.50 baht, a decrease of 2.50 baht or 1.85%.
3.PTTEP closes at 146.00 baht, a decrease of 2.00 baht or 1.35%.
4.KKP closes at 74.50 baht, a decrease of 1.00 baht or 1.32%.
5.KBANK closes at 153.50 baht, a decrease of 1.00 baht or 0.65%.

The SET100 index closed at 2,272.66 points, down -4.04 points, or -0.18%, the SET50 index closed at 995.80 points, down -2.57 points, or -0.26%, and the mai market index closed at 688.90 points, down -0.60 points, or -0.09%.

Mr. Chanchai Pantathanakit, Assistant Director, Research Division, Asia Plus Securities, said that the Thai stock market is mostly moving in negative territory today. before turning slightly positive at the end of the market. under pressure Federal Reserve Chairman Jerome Powell signaled that the Federal Reserve might raise interest rates by 0.5% at its May meeting.

However, our home stock market has positive factors from the country. After the Center for Covid-19 Situation Administration (Big Set) has resolved to cancel the immigration measure in the form of Test & Go that requires RT-PCR examination by adjusting to use only ATK examination, effective from 1 May. This is for quick convenience. in opening to support tourism This gave support to hotel, hospital and ICT stocks. Other stock markets in Asia today dropped 0.3-1 percent.

As for the Thai stock market outlook next week, it is expected that the market will swing sideways within a limited range. to wait and see the Fed meeting in early May Investors are likely to speculate on individual stocks. Provides a resistance area of ​​1690-1,700 points and a support level of 1668 points.

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