1 Jul 2024 Financial Markets The Baht weakened but later rebounded somewhat while the SET remained above 1,300 points although it fell at the end of the week คะแนนเฉลี่ย คะแนนเฉลี่ย 5 stars 4 stars 3 stars 2 stars 1 star • The SET rose early in the week on the back of measures to revitalize the stock market before falling at the end of the week.The Thai stock market rose early to midweek amid hopes towards the government’s measures to revitalize the stock market, including an adjustment of Thailand ESG Fund investment criteria and those aimed at preventing inappropriate trading practices. Additionally, investors were hoping for additional economic stimulus measures from the government going forward. Said factors boosted the purchases of stocks in all sectors, led by banking, finance and energy. However, the SET dropped later after having responded to the said positive factors. Investors remained cautious while monitoring US inflation gauged by PCE Price Index to be released at the end of the week, and domestic political issues. In addition, the SET was dragged further at the end of the week by sell-offs of stocks of a major power plant and an airport business operator due to concerns over their performance results. Nonetheless, foreign investors remained in a net selling position for six consecutive weeks.• On Friday, June 28, 2024, the SET closed at 1,300.96 points, down 0.42% over-week. The average daily trading value was THB40,416.84 million, down 14.48% over-week. The mai closed at 355.45 points, up 0.81% over-week. • July 1-5, 2024, KSecurities expects the SET to have support at 1,290 and 1,280 points, but resistance at 1,310 and 1,325 points, respectively. KResearch views that key matters to watch include Thailand’s Inflation in June, Fed officials’ remarks, domestic political issues and foreign fund flows. The US economic data that warrant close monitoring include June Manufacturing and Services ISM/PMI, ADP Employment Report, Non-farm Payrolls and Unemployment Rate, FOMC minutes, plus Weekly Jobless Claims. Close attention must also be paid to June Manufacturing and Services PMI of Eurozone, China and Japan, plus Eurozone’s June CPI (Flash). View full article Login / Register Or Enter the code from the poll Annotation This research paper is published for general public. It is made up of various sources. Trustworthy, but the company can not authenticate. reliability The information may be changed at any time without prior notice. Data users need to be careful about the use of information. The Company will not be liable to any user or person for any damages arising from such use. The information in this report does not constitute an offer. Or advice on business decisions Anyhow. Financial Markets SET Index Related Analysis View all 26 Feb 2018 Financial Markets “The Baht weakened slightly, while the SET closed at near last week’s level.” The Baht fell slightly against the US Dollar. The Baht briefly rose early in the week as the US dollar tumbled on a weak US New Home Sales report and falling US bond yields. However, the Baht reversed those gains and weakened later on the Fed Chairman’s viewpoint toward US overall economic and inflation outlooks that reinforced expectations of further US monetary tightening. However, the Dollar’s upside gains were capped later after the Fed Chairman said that there was yet to be seen any clear picture toward wage increases in the US. In addition, concern toward US trade protectionism weighed on the US Dollar sentiment. ... Read more 0 KB 0 KB 19 Feb 2018 Financial Markets “The Baht weakened, while the SET rebounded to over 1,800 points after some sell-offs.” The Baht weakened against the US Dollar. The Baht fell to mid week amid the US Dollar short-covering ahead of the release of the latest FOMC minutes. The US dollar also gained on the US rate-hike outlook and rising US bond yields. However, the Baht pared some losses somewhat later in the week on investors’ position adjustments. ... Read more 0 KB 0 KB 12 Feb 2018 Financial Markets “The Baht bounced back to over a 4-year high, and the SET rose over 1,800 points.” ... Read more 0 KB 0 KB 5 Feb 2018 Financial Markets “The Baht weakened as the SET faced foreign investor sell-offs throughout the week.” ... Read more 0 KB 0 KB 29 Jan 2018 Financial Markets “The Baht traded in a narrow range, while the SET followed foreign factors.” ... Read more 0 KB 0 KB 22 Jan 2018 Financial Markets “The Baht hit an over 4-year high, while the SET improved late in the week.” ... Read more 0 KB 0 KB View all