Thai Stock Market Roundup December 24, 2019
A short summary to inform investors of what had happened in the Thai stock market on December 24, 2019.
– SET closed at 1,568.63 points, decreased 4.94 points or 0.31% with a trading value of 39.5 billion baht. The analyst stated that today’s trading session had shown that investors were starting to slow down their investment before the long holiday. Meanwhile, the driver for the remaining of this year would be an investment in LTF.
The analyst gave a support level for tomorrow’s sessions at 1,565 points and a resistance level at 1,585 points.
– Institutions and Foreign Investors switched to selling mode, taking profit before year-end with 1.7 billion baht of net sell.
– WHART invested 4.88 billion baht in assets, gaining confidence as the leader of the trust fund in industrial.
– The ฿1.5bn of minimum guarantee was higher than expected, said AOT’s President “Nitinai”.
– Analyst had positive looks on BEM, saying that the 15 years and 30 years concession does not have any different due to the fact that if BEM accepts the 15 years concession, the company would not need to invest in the double-deck which would be around 30 billion baht.
– Stocks in Focus on December 24, 2019: BEM (Trinity Securities TP at ฿11.50/share) and RBF (Finansia Syrus Securities TP at ฿4.60/share).
Top 10 Most Impact Shares on December 24, 2019
