7 Nov 2022 Financial Markets The Baht strengthened, while the SET rose for the fourth consecutive week คะแนนเฉลี่ย คะแนนเฉลี่ย 5 stars 4 stars 3 stars 2 stars 1 star The Thai stock market surged at the end of the week. The SET index rose early in the week as foreign investors continued to purchase Thai stocks and the slowing Thailand’s inflation. Later, the SET dropped on profit-taking after many listed companies reported lower-than-expected performance results in 3Q2022, particularly the energy sector, while some investors were closely monitoring US political issues and economic data. However, the SET rebounded at the end of the week in line with other stock markets after the US reported a lower-than-expected inflation data in October, helping spur expectations that the Fed would raise interest rates at a slower pace at its coming meetings. On Friday, November 11, 2022, the SET closed at 1,637.29 points, up 0.67% over-week. The average daily trading value was THB67,643.34 million, up 10.26% over-week. The mai closed at 625.51 points, down 3.05% over-week. November 14-18, 2022, KSecurities expects the SET to have support at 1,620 and 1,610 points, but resistance at 1,650 and 1,670 points, respectively. KResearch views that key matters to watch include foreign fund flows, and the APEC meeting. The US economic data that warrant close monitoring include October PPI, Retail Sales, Industrial Production, Housing Starts and Existing Home Sales, and Weekly Jobless Claims. Close attention must also be paid to Eurozone’s September Industrial Production, Japan’s and Eurozone’s GDP report for 3Q2022, Eurozone’s October Inflation, plus China’s October economic data such as Fixed Asset Investment, Industrial Production and Retail Sales. 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