Thai stocks closed down 20.20 points due to strong selling of big cap stocks - worries about the Fed raising interest rates to pressure.

The Stock Exchange of Thailand (SET) index on June 26 closed at 1,485.32 points, down 20.20 points (-1.34%), with the highest movement during the day at 1,507.63 points, the lowest at 1,483.92 points. Trading value was 40,108.08 million baht. Foreigners sold net 418.17 million. baht, while the fund bought a net amount of 331.36 million baht

Mr. Chaiporn Nompitakcharoen, Managing Director of Securities Trading at Bualuang Securities, said that the Thai stock market declined today in line with the sentiment of falling international stock markets, due to concerns about a potential interest rate hike by the US Federal Reserve (Fed) at its upcoming July meeting, which is putting pressure on the stock market.

At the same time, large-cap stocks are selling pressure to pressure the index. Resulting in the index falling off the key support at 1,490 points, causing the index to have a direction for the index to continue to shrink. Although there are no other additional pressure factors.

As for tomorrow's trend (June 27), it is expected that it will still fluctuate within the range. or hope for a rebound After the index dropped quite a lot. We still need to follow political factors in the country that if there is more clarity in setting up a government, it will help support the Thai stock market. The resistance level is 1,500 points and the support level is 1,475 points.

5 securities with the highest trading value

– JMART trading value 1,524.80 million baht, closed at 13.10 baht, decreased 2.90 baht.
– EA trading value 1,468.42 million baht, closed at 52.50 baht, decreased 5.50 baht.
– TTB trading value 1,127.92 million baht, closed at 1.60 baht, an increase of 0.02 baht.
– AOT trading value 1,123.00 million baht, closed at 71.75 baht, an increase of 0.25 baht.
– JMT trading value 1,095.60 million baht, closed at 33.50 baht, decreased 3.25 baht.