Thai stocks closed down 11.74 points, pressured by selling on DELTA shares, despite support from the energy and petrochemical sectors. Attention is focused on the final quarter earnings reports of listed companies.

Thai stocks closed today, August 11th, at 1,612.62 points, down 11.74 points, with a trading value of 69,950 million baht. Profit-taking in DELTA shares, as well as the banking and retail sectors, contributed to the decline. However, the energy and petrochemical sectors benefited from rising oil prices, providing some support. Investors are watching for earnings reports from listed companies later this week.

The Stock Exchange of Thailand (SET) index on August 11 closed at 1,612.62 points, down 11.74 points (-0.72%). Trading value was 69,950.50 million baht. Foreigners net sold 112.58 million baht. Funds net sold 14.00 million baht.

Today, there were 9 securities traded in 9 big lot transactions. RCL had the highest value at 634.09 million baht, with an average price of 34.00 baht per share.

Mr. Phuwadon Phusodngen, IAA, Investment Strategy Manager, Research Department, Bualuang Securities. It was stated that the Thai stock market index declined today, pressured by profit-taking in DELTA shares after yesterday's strong rise following the gains of Taiwan's DELTA shares. In addition, selling pressure in the banking and retail sectors also weighed on the market.

However, there was still an inflow of funds into the energy and petrochemical sectors, causing share prices to rise in line with crude oil prices, as well as individual stocks following the release of better-than-expected earnings reports, such as CENTEL.

Here are the trends for Thursday (August 13). Looking at the overall Thai stock market, it's still characterized by sector rotation, with investors switching sectors based on daily issues. Investment flow remains present; it's just a rotation of investment sectors.

The market is primarily focused on the release of earnings reports from listed companies, with a large number expected towards the end of the week, leading to speculative trading in individual stocks. The support level is estimated at 1,600 points and the resistance level at 1,630 points.

5 securities with the highest trading value

• DELTA Trading value 4,877.73 million baht, closed at 269.00 baht, down 10.00 baht
• PTT trading value 4,490.82 million baht, closed at 39.50 baht, an increase of 0.75 baht.
• PTTEP trading value 3,693.50 million baht, closed at 152.00 baht, increased 2.50 baht
• GULF trading value 2,633.11 million baht, closed at 65.00 baht, decreased 1.00 baht.
• TOP trading value 2,527.03 million baht, closed at 68.75 baht, an increase of 3.25 baht.

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