On Friday, Finansia Syrus Securities expects the Thai market to trade sideways-up within range along with U.S. stock market sentiment and surging Asians market, even with lower than expected U.S. 1Q25 GDP.
However, the expectation of the Federal Reserve rate cuts became a supporting factor for the stock markets.
Domestically, the Thai market still lacks new supporting factors.
The firm set a resistance level for the SET Index at 1,110-1,115 points and a support level at 1,100-1,105 points.
Yesterday, Thailand’s SET Index closed at 1,106.73 points, decreased 0.96 points or 0.09% with a trading value of THB 42.11 billion.
