On Monday, Liberator Securities expects the Thai market to trade sideways within narrow range, as investors are monitoring Thailand’s 2Q25 GDP, which is forecasted to grow 2.7% YoY, a slower pace compared to its previous quarter. Exporters have increased shipment to the U.S. before the Tariffs impacting sales in the 2H25.
Meanwhile, the U.S. economy performed weaker than expected, fueling the prospect of Federal Reserve rate cuts.
The firm set a resistance level for the SET Index at 1,270 and a support level at 1,240 points for today’s session.
Last Friday, Thailand’s SET Index closed at 1,259.42 points, decreased 7.25 points or 0.57% with a trading value of THB 48.32 billion.
