On Thursday, Tisco Securities expects the Thai market to trade sideways as there are no new supporting factors, although the surging energy stocks could prop up the market due to increasing crude prices. Nonetheless, the securities firm recommends investors monitor DELTA and technology stocks’ volatilities from concerns over Nvidia sales in China, regardless of the company’s robust performances.
Meanwhile, investors are monitoring Prime Minister Paetongtarn Shinawatra’s trial and tomorrow’s U.S. PCE figure.
The firm set a resistance level for the SET Index at 1,260 and a support level at 1,240 points for today’s session.
Yesterday, Thailand’s SET Index closed at 1,248.03 points, decreased 3.23 points or 0.26% with a trading value of THB 46.88 billion.
