SET closed today at 1,547.17 points, down 3.19 points (-0.21%), trading value 34,714.41 million baht.
SET closed today at 1,547.17 points, down 3.19 points (-0.21%), trading value 34,714.41 million baht. Analysts reveal that the Thai stock market is swinging narrowly today. There are no new supporting factors. And there is concern that the Fed will maintain high interest rates for a long time. Or there may be a one-time interest rate increase in November and yesterday's energy prices lowered pressure on energy stocks. In addition, foreign capital did not flow into the Thai stock market because the valuation of Thai stocks was considered unattractive after EPS of listed companies dropped to 89 baht/share. Next week, follow the US inflation numbers that will determine the direction of the Fed's monetary policy. As for the announcement of government policy, the market has already acknowledged a lot. Gives an important support level of 1,540 points. If it doesn't break, there is a chance to rebound. Resistance level is 1,570 points. - Thai News Agency
Source: Thai News Agency