BGRIM- EGCO- RATCH stocks dropped from the MSCI Global Standard Index. Analysts expect this round of money to flow out of nearly 3.5 billion baht.
Today, 30 Nov. 2566, MSCI adjusts the weight of stocks in the basket at closing prices. Analysts warn of market swings. It appears that there were no stocks selected for inclusion in the MSCI Global Standard Index. As for the stocks selected, there were 3 companies BGRIM, EGCO and RATCH. TISCO Securities expects an outflow of 100 million dollars or nearly 3,500 million baht.
Thanachart Securities There is a view that The Thai Stock Index (SET) lacks new supporting factors even though market valuations and many stocks are at affordable levels. But with the world economy slowing down, Thailand's GDP forecast has been lowered and there is a lack of support from foreign investor money. or fund flow pressured the SET to weaken to test the support level of 1,378+/- points. Selling pressure spread among large stocks (big caps), making the technical picture not look good.
however Today, investors are advised to be careful of fluctuations from the adjustment of the stock basket of the MSCI index or MSCI Rebalance at the end of the market.
Dao Securities Specified in the analysis that today MSCI will rebalance shares of B.Grimm Power Public Company Limited (BGRIM), EGCO Group Public Company Limited (EGCO), and RATCH Group Public Company Limited (RATCH) being moved from Standard. Index to Small Cap and there will be adjustments to weights on other stocks as well.
MSCI November Rebalance announces the list of stocks that have been selected and removed as effective. Closing price on 30 Nov 2566
- MSCI Global Standard Index: No stocks were selected. As for stocks that were excluded, there were 3 companies, consisting of BGRIM, EGCO and RATCH.
- MSCI Small cap Index stocks were selected as BGRIM, EGCO and RATCH, while stocks were selected from 9 companies including ACE, ASK, KEX, ONEE, RAM, SABUY, TTA, TFG, VIBHA.
Mr. Apichat Phubanjerdkul Senior Director Strategic Analysis Division, TISCO Securities Said that today (30 Nov.) there will be an MSCI Rebalance. It is expected that there will be an outflow of approximately 100 million US dollars or nearly 3,500 million baht. In addition, he advised to keep an eye on the US PCE inflation figure report tonight.
