Thai Stock Market Roundup September 10, 2019
A short summary to inform investors of what had happened in the Thai stock market on September 10, 2019.
– SET closed at 1,665.93 points, plunged 5.29 points or 0.32% with a trading value of 58.2 billion baht. Analysts stated that investors are waiting to see the result of ECB’s meeting later this week while the market faced selling the rips after the recent hike.
Analysts speculated that if ECB eased the policy rate, there would be a fund inflow to Thailand, supporting by the revised up of Moody’s. Tomorrow’s session would be quiet with low trading volume. The support level would be 1,660-1,665 and the resistant level would be 1,675-1,680.
– Foreign Investors poured 2.63 billion baht, plunging SET by 5.3 points.
– Independent Financial Advisor viewed JAS transaction of OFC worth 38 billion baht to JASIF appropriate and advised shareholders to approve the transaction.
– CWT rejoiced! SakunC and ETRAN debuted Thai nationality E-Bike “KRAF”.
– PTT planned a partnership with Chinese “WM Motor” to produce local EV in Thailand.
– Stocks in Focus on September 10, 2019: IRPC (KGI Securities TP ฿5.00/share) and SAMTEL (KGI Securities TP ฿14.30/share).
– LPN invested ฿474 million for a plot of land in Taopoon area to develop as a condo with a project value of ฿1.8 billion.
Top 10 Most Impact Shares on September 10, 2019
