On Thursday, Asia Plus Securities expects the Thai market to trade sideways-up, as investors are monitoring the meeting between the economic-centric cabinet member and FETCO. The meeting bolstered the prospect of stimulus measures for the Thai capital market, and buoyed the stock market.
Furthermore, energy stocks are receiving a tailwind from surging oil prices.
The firm set a resistance level for the SET Index at 1,290, and a support level at 1,265 points for today’s session.
Yesterday, Thailand’s SET Index closed at 1,278.41 points, increased 5.21 points or 0.41%, with a trading value of THB 38.56 billion.
