Thai Stock Market Roundup on October 7, 2021

A brief summary of major changes and significant developments in the Thai stock market on October 7, 2021.

SET Index closed at 1,633.72 points, increased 14.24 points or 0.88% with a trading value of 100 billion baht. The analyst stated that the Thai stock market moved higher on a positive sentiment overseas while concerns over the U.S. debt ceiling relaxed, resulting in a surge in the global market.

The banking sector and domestic play led the Thai stock market today after the Consumer Confidence Index rose for the first time in 7 months.

In addition, the analyst expected SET Index to slow down in tomorrow’s session after today’s gain, giving a support level at 1,630 points and a resistance level at 1,640 points.

– Foreign Investors and Proprietary Trading pushed SET Index higher by 14 points amid a profit taking from Individuals by 5.1 billion baht.

– PT Sri Trang Gloves Indo will focus on the distribution of gloves to support the business expansion of STGT.

SCB has officially inked the deal with Millennium Group to provide financial services for luxury cars, motorcycles, yachts and riverboats.

BCPG signs an MOU with Keppel New Energy in Singapore to collaborate on providing low-carbon, sustainable energy solutions and infrastructure in ASEAN.

GUNKUL‘s CEO hinted that the revenue recognition from hemp business will be in 4Q21 with higher income from power business as well. The company made a 250 million baht investment in THCG Group, which is a leading upstream to downstream hemp producer.

PDI is ready to move forward with the all-new brand in the hotel business, starting the new trading symbol “BEYOND” from 11 October 2021 onwards.

– This investment is in line with EGCO’s “Cleaner, Smarter and Stronger to Drive Sustainable Growth” strategy which targets carbon neutrality by 2050 in support of the global low-carbon objectives.

– Stocks in Focus on October 7, 2021: EPG (Maybank Kim Eng Securities TP at ฿15.00/share) and WORK (Maybank Kim Eng Securities TP at ฿25.00/share).


Top 10 Most Impact Shares on October 7, 2021

Back to top button