The trend of the Thai stock market next week, June 6-9, 2023, has a positive direction.

2023-06-03 20:24:00

Securities analysts expect “Trends of the Thai stock market” next week during June 6-9, 2023 has a positive direction. Keep an eye on the announcement of Thai inflation numbers. Ready to look at support at 1,520 points and resistance at 1,550 points.

securities analyst Securities Company (SEC) Pi indicate that Thai stock market trend Next week (June 6-9, 2023) it is expected that the market will still have a directionpositive” It is still recommended to follow the release of Thai inflation figures next Tuesday (June 6, 2023).

It is expected to drop to 1.5%, which will help boost the Thai stock market further. Ready to look at support for the Thai stock market next week at 1,520 points and resistance at 1,550 points.

while the Thai stock market at the end of last week closed in positive territory, in line with other stock markets in the region The positive response factored in the US Senate resolution. With a vote of 63 to 36, the bill passed the bill to increase the debt ceiling.

Including investors also expect that the way US Federal Reserve (Fed) will hold interest rates at the June meeting, as the US interest rate is currently at 5%, higher than the inflation rate of about 4%, which is in line with the Fed’s target, making the overall picture more accommodative.

For the Thai stock market last Friday (June 2, 2023), it closed at 1,531.20 points, an increase of 9.80 points (+0.64%), with a trading value of 42,523.30 million baht.

The index rose to a high of 1,534.49 points and a low of 1,524.52 points. 277 securities changed, 192 securities fell and 175 remained unchanged.

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