On Tuesday, Tisco Securities expects the Thai market to move sideways at above 1,300 points, as last night the U.S. market saw rallies in Magnificent 7, which is a positive factor for DELTA as a tech stock.
However, investors are still awaiting the Federal Reserve meeting results this week, which are expected to maintain interest rates, as well as listed companies’ 4Q25 earnings reports.
The securities firm set a resistance level for the SET Index at 1,320 points, and a support level at 1,300 points for today’s session.
Daol Securities stated that the Thai market still exhibited a downward movement today due to continued profit-taking action from foreign investors, as well as concerns over the U.S.-Iran tension, and the risk of U.S. government shutdown. This caused investors to cut back on trading as they await for the FOMC meeting this Wednesday night.
Yesterday, Thailand’s SET Index closed at 1,307.07 points, decreased 7.32 points or 0.56%, with a trading value of THB 42.71 billion.
