Thai stocks closed down 4.82 points, weighed down by selling pressure on DELTA and bank stocks, despite a rebound in the energy sector following rising oil prices.
Thai stocks closed today, August 18th, at 1,621.62 points, down 4.82 points, with a trading value of 83,308 million baht. Buying pressure came from energy stocks benefiting from rising oil prices due to the Middle East situation, but was weighed down by DELTA shares, which fell in line with the global tech sector, and selling pressure in the banking sector. Investors are awaiting the release of the Federal Reserve meeting minutes.
The Stock Exchange of Thailand (SET) index closed at 1,621.62 points on August 18, down 4.82 points (-0.30%). Trading volume was 83,308.95 million baht. Foreign investors were net buyers of 201.29 million baht, while institutional investors were net sellers of 913.49 million baht.
Today, there were 23 securities traded in 26 big lot transactions. DMT had the highest value at 210.90 million baht, with an average price of 11.10 baht per share.
Mr. Narongdet Chantrapaisan, Director of Analysis, Ira Securities It was stated that the Thai stock market was volatile throughout the day. Although there was buying interest in energy stocks due to uncertainty from the situation in the Middle East, DELTA shares weighed down the market, following global technology stocks. The 10-year and 30-year US Treasury yields hit new highs, with the 10-year yield reaching 4.73% last night and the 30-year yield soaring to 5.3%, raising concerns about a faster interest rate hike and higher financing costs.
In addition, there was selling pressure on banking stocks after their strong gains, causing the Thai stock market to fluctuate between positive and negative territory today.
Stock market trends for tomorrow (August 19, 2569) The market is expected to trade sideways, with attention focused on whether the Federal Reserve (Fed) meeting minutes show a hawkish stance, which will impact market sentiment. Domestically, there are no new factors influencing the market. Ready to provide support 1,615-1,610 points, resistance 1,630-1,640 points.
5 securities with the highest trading value
- PTT trading value 6,368.65 million baht, closed at 40.50 baht, an increase of 1.00 baht.
- DELTA Trading value 4,498.58 million baht, closed at 270.00 baht, down 7.00 baht
- AOT trading value 4,082.64 million baht, closed at 66.50 baht, an increase of 0.50 baht.
- HANA trading value 2,945.31 million baht, closed at 49.00 baht, an increase of 0.50 baht.
- KBANK trading value 2,749.81 million baht, closing at 247.00 baht, down 2.00 baht.
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