Thai Stock Market Roundup December 26, 2019
A short summary to inform investors of what had happened in the Thai stock market on December 26, 2019.
– SET closed at 1,579.03 points, increase 6.03 points or 0.38% with a trading value of 28.3 billion baht. The analyst stated that the buying pressure from big-cap stocks had buoyed the index to close higher, but still lacked trading volume due to the day is close to a long holiday. Institutions would still continue buying, partly from LTF, but at a low volume.
The analyst set a support level at 1,570 points and a resistance level at 1,580 points.
– Institutions continued the buying streak at year-end with 833 million baht net buy, scooping shares into portfolios.
– BWG initiated the COD of 4MW electricity production to PEA.
– IMH closed its first trading day with a plummet of 21.33% from its IPO at ฿6.00/share.
– SIRI joined hands with CPF to create a food delivery through the application “Sansiri Home”.
– SEC charged three EARTH’s executives on the case of concealed information of a coal mine in Indonesia.
– Stocks in Property Sector rallied after easing tensions on property tax and LTV.
– WIIK inked the deal for design, construction, and operation of potable water for ฿680m.
– Stocks in Focus on December 26, 2019: UNIQ (Asia Wealth Securities TP at ฿11.00/share) and ITD (Asia Wealth Securities TP at ฿2.10/share).
Top 10 Most Impact Shares on December 26, 2019
