Market Roundup 7 March 2024

Thailand’s SET Index closed at 1,372.16 points, increased 1.61 points or 0.12% with a trading value of 39.3 billion baht. The analyst stated that the Thai stock market slowed down its gain after a surge yesterday, while there were no positive catalysts to boost the market. Regional markets moved in both negative and positive territory as investors were waiting for jobless claim data later today.

The analyst expected the market to move up narrowly tomorrow with a support level at 1,365 points and a resistance level at 1,380 points.


Customs data from China were released on Thursday, stating that the country’s exports in USD terms during January-February surged by 7.1%, compared to the same period last year. The import numbers also rose by 3.5%.

Both figures beat expectations from economists polled by Reuters of an increase of 1.9% in exports and 1.5% in imports.

China’s trade in January-February edged higher to $125.116 billion, beating $103.7 billion expectation in the poll.


PTT Oil and Retail Business Public Company Limited (SET: OR) signed a contract with Konvy to fully operate the health and beauty business, as the company planned to launch its first branch within mid-2024 and distribute its products across Bangkok and perimeter through both PTT Station and Cafe Amazon.