Thai Stock Market Roundup January 10, 2020

A short summary to inform investors of what had happened in the Thai stock market on January 10, 2020.

SET closed at 1,580.63 points, increased 0.99 points or 0.06% with a trading value of 52 billion baht. The analyst stated that SET Index swung sideways narrowly after a high jump of 20 points yesterday. Currently, investors are focusing on the signing of the “Phase One” deal on 13-15 January in Washington and a signal for the “Phase Two” deal.

The analyst expected continuous sessions next week, giving a support level at 1,555 points and a resistance level at 1,600 points.

Individuals’ 560 million baht net buy kept SET Index afloat, finishing the day with 1 point higher.

SCB established a new joint venture to invest 660 million baht for digital business growth.

GULF booked double prize after signing agreements for two power operation projects in One Bangkok Project.

UK lawmakers passed the divorce bill with the EU, preparing to leave the bloc on Jan. 31.

U.S. House approved the legislation to limit Trump’s war power on Iran.

SEC warns MACO’s shareholders after IFA indicated that more than half of “Hello Bangkok” is unregistered.

– Stocks in Focus on January 10, 2020: TASCO (Asia Wealth Securities TP at ฿32.00/share) and NYT (KGI Securities TP at ฿5.00/share).


Top 10 Most Impact Shares on January 10, 2020