Thai Stock Market Roundup on August 2, 2021

A brief summary of major changes and significant developments in the Thai stock market on August 2, 2021.

SET Index closed at 1,525.11 points, increased 3.19 points or 0.21% with a trading value of 66.3 billion baht. The analyst stated that the Thai stock market moved in line with regional stock markets, while the extended lockdown measures in Thailand was not a surprise, seeing a rebound in SET Index as a bounce back from earlier plummets.

The analyst expected a support level at 1,510 points should be able to hold the line if the impact of Covid-19 outbreak did not impact manufacturing activities and exports in 2H21.

In addition, the analyst expected SET Index to have a short rebound this week, giving a support level for tomorrow’s session at 1,520 points and a resistance level at 1,530 points.

– Local Institutions and Foreign Investors buoyed SET Index with a combined 1,655 million baht of the net buy.

– The share price of IVL increased 4.14% to Bt37.75 as the analyst expected the company’s earnings in 2Q21 to hit a quarterly high.

RCL invested 7.56 billion baht to buy two vessels, with delivery in 4Q22. Payment will be made in 4 Installments on 20/10/20/50% basis.

TRITN invested 75 million baht in a fuel pipeline transportation business, expecting worthwhile return from the investment.

Ananda Development will take the Ashton Asoke project case to the Supreme Court, saying that there is no impact on stakeholders.

SSP announced a commercial operation date for its 26 megawatts solar power project in Shizuoka, Japan.

– The share price of AAV and BA closed lower, following the announcement of an extension of the period for temporarily suspending operations due to the Covid-19 outbreak.

– Stocks in Focus on July 2, 2021: GLOBAL (Maybank Kim Eng Securities TP at ฿27.00/share) and DTAC (Krungsri Securities TP at ฿57.00/share).


Top 10 Most Impact Shares on August 2, 2021

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