Thai stocks closed up 7.68 points, receiving sentiment from the MPC increasing GDP for 68, even though interest rates remained as expected.

Thai stocks closed today, June 25, at 1,107.69 points, up 7.68 points, with a trading value of 62,662 million baht, receiving a better investment atmosphere after the MPC kept interest rates and raised this year's GDP forecast, although next year's was reduced to 1.7%. The stocks that rebounded today were stocks that fell sharply, seen as short-term speculation, not from fundamental factors. In addition, the index closed at noon above 1,094 points, causing the market to return to an uptrend.

Stock Exchange of Thailand (SET) Index June 25, closed at 1,107.69 points, up 7.68 points (+0.70%), trading value 62,662.66 million baht, foreign net purchase 2,651.53 million baht, mutual funds net purchase 1,200.25 million baht.

Today there was trading of 14 securities on the big board (BIG LOT), 32 items were found. KTC had the highest value of 2,672.84 million baht, with an average price of 20.69 baht per share.

Mr. Kittiphon Praipaisankit, Assistant Managing Director, Securities Analysis Department, UOB Kay Hian Securities (Thailand) Said that the Thai stock market today adjusted upwards in response to the improved investment atmosphere, moving in line with the regional stock markets. Although the Monetary Policy Committee (MPC) voted 6 to 1 not to reduce interest rates, there was a positive signal by adjusting this year's GDP forecast up to 2.3% from the original 2%, although in 69 it was adjusted down from 1.8% to 1.7%. It is believed that the MPC views the export situation may not be as bad as expected. The tariff problem is not too bad, but the worrying part is domestic consumption slowing down more than expected.

Today, most stocks rose in response to the positive atmosphere in the short term, and stocks that were previously shorted a lot or stocks that dropped sharply rose sharply, such as DOHOME, GLOBAL, which rose 9-10%. However, the rise of some stocks occurred during a period when earnings were not yet influenced and politics were stable. However, it is believed that in another 2 weeks, the market will return to focus on earnings for Q2/68.

Tomorrow (26 June 68) Thai stock market There is a chance to continue to adjust upwards after the index rose above 1,094 points, changing from a downward trend to an upward trend. Investors are advised to speculate within the range and find stocks that are starting to recover when the investment atmosphere eases.

The first resistance level is tested at 1,125 points, followed by 1,133 and 1,166 points. Support level is set at 1,100 points.

5 securities with the highest trading value

• KTC trading value 22,381.67 million baht, closed at 26.50 baht, increased 1.50 baht.
• AOT trading value 2,428.87 million baht, closed at 32.00 baht, an increase of 1.50 baht.
• ADVANC trading value 1,994.04 million baht, closed at 279.00 baht, an increase of 1.00 baht
• DELTA trading value 1,831.73 million baht, closed at 105.00 baht, an increase of 0.50 baht
• KBANK trading value 1,542.88 million baht, closing at 154.50 baht, down 0.50 baht.

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