labels: Thai stock market
Thai stocks closed up 17.38 points, boosted by better-than-expected Q2/69 GDP figures from listed companies and buying support from DELTA.
Thai stocks closed today, August 17th, at 1,626.44 points, up 17.38 points, with a trading value of 75,660 million baht, boosted by positive corporate earnings.Thai stocks closed 16.96 points higher in the morning session, supported by buying in large-cap stocks and in response to better-than-expected Q2/69 GDP figures.
Thai stocks closed the morning session on August 17th at 1,626.02 points, up 16.96 points, with a trading value of 44,170 million baht. The rise followed international stock markets and was further supported by buying in large-cap stocks, particularly in the electronics components sector. Additionally, positive Q2/69 earnings reports and GDP figures also contributed to the gains.Globlex Securities forecasts Thai stocks to trade between 1,600 and 1,640 points this week, boosted by lower-than-expected US PPI figures.
Globlex Securities estimates that the Thai stock market will fluctuate within the range of 1,600-1,640 points this week, in response to the lower-than-expected US PPI figures.Thai stocks are expected to trade sideways today within the range of 1,590-1,630 points. Watch for GDP figures, oil prices, and bond yields.
Thai stocks are expected to trade sideways within the range of 1,590-1,630 points today, August 17th, as analysts await the release of Thailand's Q2/69 GDP figures, which are projected to show a growth of 1.8%.Thai stocks closed down 5.30 points, lacking new catalysts and weighed down by selling pressure in the banking and finance sectors. Next week, attention will be on Thailand's GDP growth.
Thai stocks closed today, August 14th, at 1,609.06 points, down 5.30 points, with a trading value of 81,758 million baht. The market faced selling pressure in the banking and finance sectors.Thai stocks closed up 5.25 points in the morning session, boosted by positive factors both domestically and internationally.
Thai stocks closed the morning session on August 14th at 1,619.61 points, up 5.25 points, with a trading value of 44,466 million baht. The market was boosted by positive factors both domestically and internationally. Market sentiment eased after investors anticipated the Fed would keep interest rates unchanged in September. Domestically, strong earnings reports from listed companies pushed the SET index higher...Thai stocks are expected to trade sideways today within the 1,600-1,630 point range. Lower-than-expected US PPI figures have eased concerns about the Fed's interest rates.
Thai stocks are expected to trade sideways within the 1,600-1,630 point range today, August 14th, according to analysts. The lower-than-expected US PPI figures eased concerns about the Fed's interest rate direction and supported risky assets. Meanwhile, lower US bond yields and a recovery in global tech stocks boosted electronics and finance stocks.Thai stocks closed up 1.74 points, following international trends, in response to weaker US inflation figures easing pressure on interest rates.
Thai stocks closed today, August 13th, at 1,614.36 points, up 1.74 points, with a trading value of 77,863 million baht, boosted by positive factors from abroad.Thai stocks closed up 4.63 points in the morning session, boosted by expected slowdown in US inflation and positive corporate earnings.
Thai stocks closed the morning session on August 13th at 1,617.25 points, up 4.63 points, with a trading value of 43,906 million baht. The rally was driven by the expected slowdown in US inflation, increasing the likelihood of the Fed maintaining interest rates in September. Further support came from better-than-expected corporate earnings and buying in the electronics components sector, following gains in technology stocks...Asia Plus Securities points out that Q2 corporate earnings exceeded expectations by 12%, supporting an upward trend in the SET index, with a target of 1,630 points. ...
Asia Plus Securities views Thai stocks as having a positive trend, following regional trends. They expect the SET index to fluctuate upwards and test the resistance level of 1,630 points, following better-than-expected Q2/69 earnings reports from 277 companies (a combined 12% increase), supporting upward revisions to market earnings estimates in the coming period. They recommend selective stock investment, highlighting ADVANC, HANA, and SPALI as top picks.
