Thai stocks in the morning closed up 6.45 points, receiving sentiment from the strong baht supporting Fund Flow inflows and active bank buying.

Thai stocks, morning session, September 13, closed at 1,428.03 points, up 6.45 points, bouncing up in line with the region, receiving sentiment from the strong baht, supporting continued foreign capital inflows, causing bank stocks to bounce up. Keep an eye on the government's economic stimulus policies and the Fed meeting next week. In the afternoon, analysts expect it to fluctuate within the range.

Stock Exchange of Thailand Index (SET) Closing this morning, 13 September, at 1,428.03 points, an increase of 6.45 points (+0.45%), with a trading value of approximately 29,494 million baht.

Mr. Sorapon Weeramethikul, Assistant Managing Director Head of Investment Strategy Team, Kasikorn Securities He said that the Thai stock market in the morning adjusted well, following the stock market in the Asian region, responding to the sentiment of the stronger baht, supporting the continuous inflow of foreign capital, with commercial bank stocks continuing to adjust upwards.

Afternoon trend: The market is expected to move within the range of support at 1,420 points and resistance at 1,430 points. Next week, we will follow the government's policy implementation, especially when the distribution of digital wallets will be implemented, and the US Federal Reserve (Fed) meeting, which the market expects to reduce interest rates by 0.25%.

For investment strategies this afternoon Analysts highlight outstanding stocks

Global Securities

• BTS Closing price 4.80 baht, support 4.70 baht, resistance 4.96-5.40 baht, cut loss 4.62 baht, climb up from the bottom with volume support and MACD sending a bullish signal. If it passes the first resistance at 4.96 baht, expect to test the EMA-200 at 5.40 baht.
• GFC Closing price 7.85 baht, support 7.60 baht, resistance 8.50-9.00 baht, cut loss 7.40 baht, climbing from the bottom with volume entering on the first day and MACD just turned and cut the Signal Line. It is expected that the price has a chance to adjust up to test 8.50-9.00 baht.

Innovation Exchange Securities

• MBK Support 18.70 baht, Resistance 19.70 baht, Cut loss 17.90 baht.

Read news related to Thai stock situation - Thai stock market can be found here.