Thai Stock Market Roundup December 18, 2019

A short summary to inform investors of what had happened in the Thai stock market on December 18, 2019.


SET closed at 1,563.74 points, jumped 15.09 points or 0.97% with a trading value of 50.3 billion baht. The analyst stated that SET Index made a high jump after having been priced-in on political issues while the government denied the rumors of enforcing the Emergency Decree on Public Administration in State of Emergency.

The analyst suggested that it is a good opportunity to accumulate shares while SET is moving between 1,545-1,565 points if disregarding the political factor.

– Institutions and Foreign Investors made a huge net buy to buoy SET by 15 points.

BANPU invested ฿23bn to take US’ Barnett shale which would hike its gas production and 1P reserve over 3 folds.

MPC maintained the policy rate at 1.25%, asserting to stand ready to act as appropriate.

ECF asserted that its business structure was still solid after a huge selloff in today’s session, plunging its shares to hit the floor.

DOHOME expects to open all 90 branches of “Dohome To Go” within 2021.

VGI had been added to SET50 while THG, TQM, STPI, BGC entered SET100.

– Stocks in Focus on December 18, 2019: PTTGC (Maybank Kim Eng TP at ฿58.00/share) and DTAC (Krungsri Securities TP at ฿70.00/share).

 

Top 10 Most Impact Shares on December 18, 2019

 

Back to top button