Thai Stock Market Roundup on October 26, 2021

– SET Index closed at 1,635.97 points, increased 1.77 points or 0.11% with a trading value of 79.3 billion baht. The analyst stated that the Thai stock market has low volume in today’s session as investors were looking forward to the ECB’s meeting on Thursday and the Fed’s meeting next week.

The analyst expected SET Index to move in sideways trends with a limited upside, giving a support level at 1,625 points and a resistance level at 1,650 points.

– A combined 2.2 billion baht of net buy led by Local Individuals buoyed SET Index to close slightly higher.

– Tesla’s market capitalization crossed $1 trillion on Monday as the company struck a deal to sell 100,000 vehicles to the car rental firm Hertz.

– Modern Land, a listed company in Hong Kong Stock Exchange, is the latest Chinese real estate developer to join the Evergrande saga by missing both interest and principal payment on its $250 million bond.

– SCGP’s net profit in 3Q21 increased 33% YoY to 1,780 million baht mainly due to the business expansion from M&P and higher demand in consumer’s products and electrical and electronic appliances.

– HMPRO’s net profit for the third quarter of year 2021 was 870.41 million baht, representing a decrease of 37.85% over the same period last year.

 

Top 10 Most Impact Shares on October 26, 2021