Thai Stock Market Roundup December 25, 2019
A short summary to inform investors of what had happened in the Thai stock market on December 25, 2019.
– SET closed at 1,573.00 points, increased 4.37 points or 0.28% with a total value of 21.3 billion baht, the lowest in four years. The analyst stated that today’s trading session was very low as investors slow their investment before the year-end for the long holiday while some investors might want to wait and see the economy trend next year before setting their investment direction.
Tomorrow’s support level is expected at 1,565 points and 1,575 points for resistance level.
– Local Institutions buoyed SET Index by 4 points, hoping to reach 1,580-1,600 by year-end.
– BGRIM approved disposal of 25% in “Glow SPP1” to book ฿825m and enhanced BGRIM’s competitiveness in the Map Ta Phut area.
– CPF expected continuous growth in 2019, vowing to maintain overseas business expansion plans.
– GUNKUL’s joint venture company acquired a construction project of three substations worth 501.5 million baht.
– Stocks in Focus on December 25, 2019: BDMS (Maybank Kim Eng TP at ฿28.00/share) and CKP (KTB Securities TP at ฿5.25/share).
Top 10 Most Impact Shares on December 25, 2019
