On Friday, Liberator Securities expects the Thai market to maintain its positive momentum as the U.S. economic reports came out better than anticipated, and many of American firms report an outstanding performance.
Meanwhile, the SET Index extended gains yesterday after BBL released an outperforming earning report. Furthermore, yesterday also saw buying forces from both foreign investors and institutional investors, with trade volume reaching as high as THB 60 billion, signalling the recovering attractiveness of Thai stocks.
The firm set a resistance level for the SET Index at 1,220 and a support level at 1,190 points for today’s session.
Yesterday, Thailand’s SET Index closed at 1,198.11 points, increased 40.48 points or 3.50% with a trading value of THB 63.37 billion.
