On Monday, Krungthai XSpring Securities expects the Thai market to trade sideways amid a lack of supporting factors. Investors are monitoring upcoming economic indicators from the U.S., slated for release during the week, to evaluate the Fed’s interest rate path. Moreover, data from China are also given priority.
The firm set a resistance level for the SET Index at 1,265 points and a support level at 1,250 points for today’s session.
On Friday, Thailand’s SET Index closed at 1,256.69 points, increased 3.98 points or 0.32%, with a trading value of THB 30.84 billion.
