Thai stocks receive interest from the Fed, closing at +14.44 points, recommend keeping an eye on digital money-Budget Act.

2024-03-21 14:10:00

Thai stocks accept the results of the Fed meeting that will maintain interest rates and expect them to decrease 3 times this year as before. Push the index to close the market up +14.44 points. There is also support from money flowing into electronics stocks, including DELTA, HANA, KCE. Tomorrow’s investment framework is assessed as support at 1,382-1,377 points and resistance at 1,390-1,395. Recommended points to keep an eye on digital wallet progress and passing the draft Annual Budget Expenditure Act 2024

The Thai stock market closed for trading on March 21, 2024, increasing +14.44 points or +1.05%, with the market closing at 1,387.62 points, trading value 43,596.00 million baht, while the overall stock trading today The index rose, increasing to a maximum of 1,382.99 points during the day. In the opposite direction, it dropped to a low of 1,388.66 points.

Meanwhile, the number of securities that changed today increased by 320 securities, remained unchanged by 171 securities, and decreased by 171 securities.

In terms of trading volume classified by investor group, it was found that foreign investors net purchase of more than +2,037.72 million baht and the securities company’s account net purchase of more than +105.69 million baht. On the other hand, it was found that Domestic investors net sold more than -1,721.66 million baht and institutional investors net sold more than -421.76 million baht.

As for the securities with the highest trading value, 5 securities
1.CPALL trading value 3,192.11 million baht, closed at 54.75 baht, decreased 0.75 baht.
2.BKGI trading value 2,297.56 million baht, closed at 5.45 baht, an increase of 1.05 baht.
3.DELTA trading value 1,915.21 million baht, closed at 72.25 baht, an increase of 5.50 baht.
4.KBANK trading value 1,295.79 million baht, closed at 123.50 baht, decreased 0.50 baht.
5.AOT trading value 1,090.80 million baht, closed at 65.75 baht, an increase of 0.25 baht.

As for the SET100 Index, the five rankings with the most positive price increases are:
1.DELTA closed at 72.25 baht, an increase of 5.50 baht or 8.24 %.
2.EGCO closed at 115.50 baht, an increase of 3.00 baht or 2.67%.
3.ADVANC closed at 211.00 baht, an increase of 3.00 baht or 1.44%.
4.AEONTS closed at 147.50 baht, an increase of 2.50 baht or 1.72%.
5.BCP closed at 46.75 baht, an increase of 2.00 baht or 4.47%.

As for the SET100 Index, the five rankings with the biggest price declines are:
1.SAPPE closed at 92.25 baht, down 1.00 baht or 1.07%.
2.CPALL closed at 54.75 baht, a decrease of 0.75 baht or 1.35%.
3.CRC closed at 36.75 baht, down 0.50 baht or 1.34%.
4.KBANK closed at 123.50 baht, a decrease of 0.50 baht or 0.40%.
5.SPALI closed at 20.40 baht, down 0.30 baht or 1.45%.

While the SET100 index closed at 1,884.92 points, an increase of 21.86 points or 1.17%, the SET50 index closed at 850.82 points, an increase of 9.78 points or 1.16%, and the mai market index closed at 416.99 points, an increase of 1.77 points or 0.43%.

Mr. Narongdet Chandrapaisarn, Director of Securities Analysis at AIRA Securities, said that the Thai stock market today rose from yesterday and sold to reduce risk before knowing the results of the US Federal Reserve (Fed) meeting, but received positive sentiment today. The Fed holds interest rates steady and forecasts three cuts this year. Overall, there are no negative issues, causing the dollar to weaken and government bond yields (bond yields) adjust downward, supporting risky assets to look better again. together with the market There is also strong buying of stocks in the electronic components group, which has become a market leader, including DELTA, HANA, and KCE.

“Looking at tomorrow’s trend, we expect the market to continue to fluctuate upwards but upside is starting to be limited. Advise investors to keep an eye on local factors. Both the progress of the digital wallet 10,000 baht and the draft The 2024 Budget Expenditure Act provides support levels of 1,382-1,377 points and resistance levels of 1,390-1,395 points,” Mr. Narongdet concluded.

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