Thai stocks closed up 4.14 points this morning, fluctuating between positive and negative levels, awaiting clarity on international and domestic political factors.

Thai stocks closed at 19 points on the morning of August 1, up 246.45 points, with a trading value of approximately 4.14 billion baht. They fluctuated between positive and negative within a narrow range. Investors awaited foreign leaders' meetings to resolve the Russia-Ukraine war, US economic figures, and a statement from the Federal Reserve Chairman. Domestically, political issues are gaining more weight.

The Stock Exchange of Thailand (SET) index closed this morning (August 19) at 1,246.45 points, an increase of 4.14 points (+0.33%), with a trading value of approximately 22,328 billion baht.

This morning, there was trading on the big board (BIG LOT) of 3 securities, 3 items, with KBANK-F having the highest value at 170.50 million baht, with an average price of 170.50 baht per share.

Mr. Apichart Phobanjerdkul, CISA Senior Director Strategic Analysis Division, TISCO Securities The Thai stock market this morning fluctuated between positive and negative territory within a narrow range, weaker than the region. Foreign factors have led investors to exercise caution as they await the meeting of foreign leaders to end the Russia-Ukraine war, the release of US economic figures, and the statement by Federal Reserve Chairman Jerome Powell at the Jackson Hole meeting later this week.

Domestic factors, particularly political issues, will gain more weight later this month, leading to a consolidation in the index. Furthermore, ADVANC shares went ex-dividend today, putting some pressure on the market.

This afternoon, the market is expected to fluctuate sideways within a limited range. We recommend monitoring THAI shares, which may contribute to market volatility. Previously leading the market, volatility increased towards the end of last week. Support is projected at 1,240 points, with the next support at 1,230 points, and resistance at 1,250-1,255 points.

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