– SET Index closed at 1,202.16 points, increased 7.21 points or 0.60% with a trading value of 40.7 billion baht. The analyst stated that the Thai stock market moved narrowly in line with regional markets after China reported an expansion in factory output for the sixth straight month in October.
Even though European countries re-enter lockdown, some economic activities can be done, thus, the impact of a lockdown might not be as severe as the first.
The analyst advised investors to keep a close eye on the U.S. election and the FOMC meeting on 4-5 November. Domestically, the development in political issues and the announcement of listed companies’ earnings are a must-watch.
In addition, the analyst set a support level for tomorrow’s session at 1,190 points and a resistance level at 1,210 points.
– Local Institutions and Individuals Investors combined a 766 million baht net buy to kick off November with a 7-point gain.