Thai stocks close up 0.60 points, supported by buying in banks and insurance, disappointed with China's lack of additional economic stimulus measures

Thai stocks closed today, Oct. 8, at 1,452.80 points, up 0.60 points, with a trading value of 54,745 million baht, up slightly, with buying power in the banking group before the Q3/67 financial statement announcement period - Insurance group responds to the US bond yield bouncing up, despite disappointment that there are no additional economic stimulus measures from China.

Stock Exchange of Thailand (SET) Index October 8st closed at 1,452.80 points, up 0.60 points (+0.04%), trading value 54,745.88 million baht, foreign net sales 342.95 million baht, funds net purchase 2,294.42 million baht.

Today, there were 19 securities traded on the big board (BIG LOT) with 30 items. NER was found to have the highest value at 151.05 million baht, with an average price of 5.04 baht per share.

Mr. Thanomsak Saharatchai, Assistant Managing Director and Head of Research, Krungthai XSpring Securities He said that the Thai stock market today fluctuated in a slightly higher range, partly due to the support of commercial bank stocks, especially large banks that bought before the announcement of Q3/67 results, including the insurance group that benefited from the increase in US bond yields, which is a factor that supported our domestic stock market.

While foreign stock markets today moved both positively and negatively, after being somewhat disappointed that the Chinese government did not introduce additional economic stimulus measures and there were also concerns about the tensions in the Middle East, external factors did not significantly support the stock market.

Tomorrow's trend (9 Oct. '67) The market is expected to move sideways as it awaits the US inflation report on Thursday, which will weigh on assessments of the possibility of a rate cut by the US Federal Reserve (Fed). by giving resistance 1,465-1,470 points, support 1,440-1,450 points

5 securities with the highest trading value

• CPALL trading value 2,104.20 million baht, closed at 65.25 baht, decreased 0.25 baht.
• PTTEP trading value 1,892.52 million baht, closed at 135.00 baht, a decrease of 1.00 baht.
• ADVANC trading value 1,869.17 million baht, closed at 268.00 baht, decreased 1.00 baht.
• INTUCH trading value 1,796.39 million baht, closed at 98.50 baht, decreased 1.00 baht.
• KBANK trading value 1,677.83 million baht, closed at 152.00 baht, increased by 2.00 baht

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