Thai Stock Market Roundup on March 31, 2021


SET Index closed at 1,587.21 points, decreased 2.32 points or 0.15% with a trading value of 72.4 billion baht. The analyst stated that the Thai stock market moved in sideways directions, but had a better outlook than regional markets amid high U.S. bond yield that reached 1.7%, resulting in a selloff in risk assets and a slowdown of fund flow.

The analyst recommended investors to monitor the OPEC+ meeting, expecting the market to rebase with a support level at 1,570-1,563 points and a resistance level at 1,595 points.

– A net sell of 1.9 billion baht from Local Institutions and Foreign Investors plunged SET Index by 2.3 points.

WGE acquired two new projects worth 526 million baht, pushing its backlog to 2.29 million baht.

CPF upheld the “no mountain, no burning, we buy” motto, to use only 100% legally-sourced maize.

TWZ hit the ceiling after signing an MOU to advance into hemp-cannabis products.

– KTBST gave a “BUY” recommendation on RS at a target price of Bt31 on the coming of new hemp-related products.

PTG expected to upgrade to a full-service center. The analyst recommended “BUY” at Bt27.00 per share.

– Stocks in Focus on March 31, 2021: EPG (Krungsri Securities TP at ฿12.50/share) and HMPRO (Krungsri Securities TP at ฿19.00/share).

 

Top 10 Most Impact Shares on March 31, 2021

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