Thai Stock Market Roundup on 17 December 2021

- SET Index closed at 1,641.73 points, decreased 3.59 points or 0.22% with a trading value of 96 billion baht. The analyst stated that the Thai stock market moved narrowly after a surge yesterday, resulting in a slow down in today’s session while the FTSE Rebalance has limited impact on the Thai market.

In addition, the analyst stated that SET Index could move in sideways to sideways-up trends next week in anticipation of the cabinet meeting to announce more stimulus plans, giving an index range at 1,630-1,660 points.

- Local Institutions led in selloff worth 1,467 million baht as SET Index dropped 3.59 points.

- Goldman Sachs said oil price could reach $100 in 2023 as demand outweighs steeper supply.

- Chinese regulators have given green light to Tencent Holdings to roll out updates for its applications.

- B.Grimm Power, Energy Capital Vietnam (ECV) and Siemens Energy partner in the landmark LNG-to-Power Project in Vietnam.

- GUNKUL and JMART jointly established a joint venture company for investment in solar rooftop and hemp businesses.

- Stocks in Focus on December 17, 2021: ATP30 (Maybank Securities TP at ฿3.24/share) and SCGP (LH Securities TP at ฿70.00/share).

Top 10 Most Impact Shares on December 17, 2021