Thai stocks closed up 3.07 points, boosted by the energy and petrochemical sectors, as investors awaited US inflation data.
Thai stocks closed today, September 8th, at 1,621.89 points, up 3.07 points, with a trading value of 66,138 million baht. The gains were driven by the energy and petrochemical sectors, led by TOP, PTTGC, and PTTEP, in response to rising global crude oil prices stemming from renewed tensions in the Middle East. DELTA, however, began to consolidate after its strong rally, awaiting US inflation figures.
The Stock Exchange of Thailand (SET) Index on September 8 closed at 1,621.89 points, an increase of 3.07 points (+0.19%). Trading value was 66,138.02 million baht, foreigners net bought 652.87 million baht, funds sold net 808.22 million baht.
Today, there were 12 securities traded in 19 big lot transactions. KKP had the highest value at 1,624.00 million baht, with an average price of 116.00 baht per share.
Mr. Watthan Jitsomnuk, IAA, Director of Securities Analysis at Pi Securities, said that the Thai stock market moved within a narrow range today and edged up slightly. The main support came from energy and petrochemical stocks such as TOP, PTTGC, and PTTEP, in response to the continued uncertainty and retaliatory attacks in the Middle East, which caused oil prices to surge by more than 2%. Meanwhile, DELTA experienced some consolidation after its strong upward movement.
Tomorrow's (September 9, 2569) market outlook : The market is expected to fluctuate within a narrow range, lacking new driving factors domestically. Investors are awaiting the release of US inflation figures later this week to assess the direction of interest rates at the Federal Reserve (Fed) meeting this month. Support level is seen at 1,610 points and resistance level at 1,635 points.
5 securities with the highest trading value
- DELTA Trading value 4,753.82 million baht, closed at 275.00 baht, down 1.00 baht
- PTT trading value 3,259.03 million baht, closed at 42.25 baht, an increase of 0.75 baht.
- GULF trading value 3,193.23 million baht, closed at 62.50 baht, an increase of 0.25 baht.
- PTTEP had a trading value of 3,099.35 million baht, closing at 153.00 baht, an increase of 3.00 baht.
- TOP trading value 2,781.65 million baht, closed at 66.75 baht, an increase of 2.75 baht.
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