On Tuesday, FSS International Investment Advisory Securities expects the Thai market to trade sideways within range after a surge yesterday due to optimism over U.S.-Thai trade talks. However, the securities firm recommends investors to closely monitor the talks for further clarity.
Furthermore, FSSIA believed that there could be buying pressure from investors speculating on earnings of the Thai banking sector prior to the 2Q25 earnings reports.
The firm set a resistance level for the SET Index at 1,150 and a support level at 1,130 points for today’s session.
Yesterday, Thailand’s SET Index closed at 1,143.31 points, increased 22.18 points or 1.98% with a trading value of THB 33.68 billion.
