On Monday, Krungthai XSpring Securities expects the Thai market to trade sideways within the range and form a base. Pressures are expected to come from asset sales, and fund flows into the US dollar following the proposal for Kevin Warsh to be the new Fed chair. Earnings reports from domestic listed companies and the prospects for the final week before the general election are also topics of attention.
The securities firm set a resistance level for the SET Index at 1,340 points, and a support level at 1,310 points for today’s session.
On Friday, Thailand’s SET Index closed at 1,325.62 points, decreased 5.45 points or 0.41%, with a trading value of THB 46.89 billion.
