On Friday, Asia Plus Securities expects the Thai stock market to move sideways amid a lack of new significant factors influencing market sentiment. The market is closely monitoring the progress of the renewed negotiations between the United States and Iran, leading to a wait-and-see approach among investors.
Meanwhile, the Thai bourse may continue to face pressure from DELTA, which remains under Cash Balance restriction and carries a significant weight in the overall market index.
The brokerage has identified the resistance level at 1,500–1,510 points and the support level at 1,470–1,480 points.
On Thursday, Thailand’s SET Index closed at 1,489.73 points, decreased 17.11 points or 1.14%, with a trading value of THB 81.68 billion.
