Kasikorn Securities (KS) highlighted that the SET Index today will range between 1,425-1,455, expecting Sideway following the outcome of the Federal Open Market Committee (FOMC) meeting, suggesting observation on PR9 and SNNP.
CGS International Securities, on the other hand, expected movement in the SET Index within 1,435 +/- 10, and advised investors to beware of a selloff prior to closing. Domestic factors include yesterday’s Cabinet meeting with significant implications such as the approval of THB 5.9 billion budget for 30-baht Universal Coverage, THB 3 billion central budget for alleviation of flood victims, and THB 145 billion budget for the digital wallet plan.
Meanwhile, the US market closed with Dow Jones at -0.04%, S&P500 +0.03%, NASDAQ +0.20% and Russell 2000 +0.74%. 10-year US bond yield increased by 2 bps to 3.64% following a surprisingly satisfactory economy. Whereas, S&P500 went all-time intraday high at 5,670 and closed at 5,634
Trading of CP Axtra PCL. (SET: CPAXT) will be suspended from September 20 to October 2 as per request by the company in preparation of the allotment of shares of a new company to CPAXT and Ek-Chai Distribution shareholders.
On September 19, I&I Group PCL. (mai: IIG) will be offering its RO at the price of THB 5.63, while Samart Digital PCL. (SET: SDC) will have its RO enter trading at the price of THB 0.019
CPN Commercial Growth Leasehold Property Fund (CPNCG) by SCB Asset Management filed for reduction of registered capital by THB 8,276,796.60 – consequently, the new registered capital would be THB 4,151,154,806.10 with the amended par value at THB 9.7299
Assetwise PCL. will have its warrants (SET: ASW-W2) delisted due to expiration on October 25, the book would be closing from October 3-24.
North Korea, around 06.50 AM local time, has launched multiple close-range ballistic missiles near the Japanese exclusive economic zone (EEZ), announced the South Korea’s Joint Chiefs of Staff (JCS).
Australian Federal Police arrested a criminal mastermind alleged to assist a global crime network through an online platform which facilitates money laundering and trafficking of many illicit items including narcotics and firearms. The platform has collected hundreds of thousands of dollars in criminal money and cryptocurrency.
