Thai stocks closed up 19.17 points. Energy-Petro Group took the market to respond to rebound oil prices
The stock market closed today at 1,221.33 points, an increase of 19.17 points (+ 1.59%). Trading value 50,169.98 million baht.
Stock trading today Thai stock indices moved in positive territory all day. The index is the highest at 1,222.78 points and the lowest level at 1,209.90 points.
Securities changed today increased 971 securities, 597 decreased and 372 remained unchanged.
Mr. Vijit Arayapisit, director of securities research, Maybank Kim Eng Securities (Thailand), said today the Thai stock market rose in line with the international market. Asian stocks gained around 1.5%, as well as European markets trading this afternoon, up 1.6%, the same as the Dow, the futures gained around 300 points, accepting the Purchasing Managers เกมยิงปลา Index (PMI). Both Chinese and US and European production have turned out well, signaling economic recovery. And the US presidential election is already on the final curve. The direction of the US market and around the world is waiting for this factor to be unlocked. Which regardless of who will take the position Must implement policies to stimulate the economy After the impact of COVID-19 was quite heavy.
Our home market is driven by leading energy and petrochemical stocks. The effect of the rebound oil price has been rising after 4-5 days earlier. It is expected that institutional investors will return to buy larger stocks today. Causing the market to rise quite well The political factors in the country began to stabilize. But there is still hope for a constitutional amendment. This will unlock the domestic factor as well.
Tomorrow's Investment Trends (4 Nov) Wichit said that the market would swing sideway up to sideway up, which has a chance to rise further with 1,210 support and 1,230 resistance. Key resistance
In addition, look forward to the Federal Reserve meeting on Nov. 4-5, while waiting for the Fed chair's statement. And to follow up with the Bank of England (BoE) meeting, which takes place on Nov. 5, which is expected to adjust the stimulus limits following the heavy COVID-19 outbreak and follow-up. US elections too As for our house, we have to wait for the announcement of the 3Q20 results of listed companies.
The top 5 securities are:
KBANK trading value of 2,268.82 million baht, closing at 78.00 baht, an increase of 1.50 baht.
PTT, the transaction value is 2,107.33 million baht, closed at 32.75 baht, an increase of 1.75 baht.
CPALL trading value of 1,895.54 million baht, closing at 54.50 baht, an increase of 0.25 baht.
IVL, trading value of 1,475.90 million baht, closing at 23.90 baht, increasing by 1.50 baht.
PTTGC value is 1,337.40 million baht, closing at 41.75 baht, an increase of 2.75 baht.