Thai stocks in the morning closed down 6.19 points, receiving selling pressure from the petrochemical, China Play, and tourism groups.

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Asian stock market Thai stocks in the morning

Thai stocks in the morning of March 25 closed at 1,183.87 points, down 6.19 points, with a trading value of 16,936 million baht. There was pressure from petrochemical stocks that pressured the index. Analysts adjusted the target price down, including tourism stocks that were pressured by the slowdown in the number of tourists and there were no new supporting factors.

Stock Exchange of Thailand (SET) Index Closed this morning, March 25, at 1,183.87 points, down 6.19 points (-0.52%), with a trading value of approximately 16,936 million baht.

This morning, there was trading of 7 securities on the big board (BIG LOT), 7 items, KTB was found to have the highest value at 324.79 million baht, with an average price of 24.05 baht per share.

Mr. Chaiphon Nomphitakcharoen Managing Director Securities Trading Division, Bualuang Securities He said that the Thai stock market this morning adjusted down due to pressure from the petrochemical group stocks that adjusted down, which is related to the China Play theme that is based on the Chinese economy. Part of it came from the negative issue from analysts adjusting the target price estimates in the group down.

Meanwhile, there is still pressure from tourism stocks due to the slowdown in tourist numbers, which is a factor that is pressuring the Thai stock market this morning. In addition, there are no new factors to support the index. Other stock markets in the Asian region today moved alternately up and down.

Afternoon trend Expected to fluctuate within the range, with resistance at 1,200 points and support at 1,180 points.

Innovation Exchange Securities expect SET fluctuates The market lacks new supporting factors, and there are issues that need to be monitored regarding clarity on both US retaliatory tariffs and domestic politics. Investors are in a cautious mode, resulting in low trading value. SET is expected to fluctuate within the range in the afternoon. Resistance is estimated at 1,190 and 1,195 points, and support is at 1,180 and 1,170 points, respectively.

For investment strategies this afternoon Analysts highlight outstanding stocks

Innovation Exchange Securities

  • PTTEP support 116.50 baht, resistance 120.00 baht, cut loss 114.50 baht.

 

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