Thai stocks closed up 6.97 points, supported by buying in DELTA and construction stocks, benefiting from the land bridge project.

Thai stocks closed today, July 21st, at 1,652.97 points, up 6.97 points, with a trading value of 97,960 million baht. The index edged positively despite sell-on-fact pressure on banking stocks following the release of their Q2/69 earnings. DELTA and construction stocks boosted the index, benefiting from hopes surrounding the land bridge project. Foreign investment continued to flow in steadily.

The Stock Exchange of Thailand (SET) index on July 21 closed at 1,652.97 points, an increase of 6.97 points (+0.42%). Trading value was 97,960.99 million baht. Foreigners net sold 472.02 million baht. Funds net sold 327.24 million baht.

Today, there were 13 securities traded on the big board (BIG LOT) with 18 items. STECON was found to have the highest value at 29.10 million baht, with an average price of 19.40 baht per share.

Mr. Narongdet Chanthapaisarn, Director of Securities Analysis, AIRA Securities It was stated that the Thai stock market today traded sideways with a positive bias, despite profit-taking in the banking sector following better-than-expected earnings reports, leading to some "sell on fact" sentiment. However, DELTA's upward movement in the afternoon helped support the index. The gains were in line with upward movements in international stock markets, such as the semiconductor sector in China and the South Korean stock market, which rebounded.

Meanwhile, construction stocks rose on expectations surrounding the Landbridge project. The market is seen as exhibiting sector rotation, with funds flowing from one sector to another, although foreign fund flows continue to enter.

Tomorrow's trend (22 July 2569) The market still has positive momentum, and the overall investment atmosphere remains positive, characterized by sector rotation. However, it may face tight valuations, being the most expensive in the region. It is recommended to monitor capital flows and the release of earnings reports from other sectors. Regarding international factors, watch for earnings reports and any signs of easing tensions in the Middle East.

Meanwhile, the U.S. Federal Reserve (Fed) has entered a blackout period, refraining from commenting on monetary policy, which has reduced short-term pressure from monetary policy concerns to some extent. The support range is 1,650 - 1,640 points and the resistance is 1,660 - 1,670 points.

5 securities with the highest trading value

• SCB trading value 7,399.62 million baht, closed at 155.00 baht, decreased 3.50 baht.
• PTT trading value 6,669.01 million baht, closed at 39.75 baht, an increase of 0.50 baht.
• KBANK trading value 6,631.11 million baht, closing at 235.00 baht, down 3.00 baht.
• GULF trading value 5,602.62 million baht, closed at 67.75 baht, an increase of 0.50 baht.
• KTB trading value 5,553.62 million baht, closed at 42.50 baht, an increase of 0.25 baht.

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