On Wednesday, FSS International Investment Advisory Securities (FSSIA) expects the Thai market to trade sideways within range, as investors are monitoring for new supporting factors, particularly the government’s economic stimulus measures.
Furthermore, there are no new supporting factors from overseas, but energy stocks could be buoyed by the breakdown of Iraq-Kurdistan oil export agreement.
The firm set a resistance level for the SET Index at 1,285-1,290, and a support level at 1,260-1,265 points for today’s session.
Yesterday, Thailand’s SET Index closed at 1,273.20 points, decreased 9.34 points or 0.73%, with a trading value of THB 40.14 billion.
