On Thursday, FSS International Investment Advisory Securities expects the Thai market to extend gain due to weaker US dollar and stronger Asian currencies, including Thai baht, leading to inflows into Asian markets.
Yesterday, the market priced in the economic stimulus measures, which are expected to support the economy and domestic stocks in the next three months.
The firm set a resistance level for the SET Index at 1,295 points, with the next level at 1,310 points, and a support level at 1,268-1,265 points for today’s session.
Yesterday, Thailand’s SET Index closed at 1,286.69 points, increased 20.31 points or 1.60%, with a trading value of THB 46.48 billion.
