On Thursday, Maybank Securities expects the Thai market to move sideways-up from the prospect of the progress on U.S.-Iran peace talk.
Additionally, the market is also bolstered by the declining oil prices and the U.S. bond yield. However, there is a potential volatility in the electronics part sector.
The securities firms set a resistance level for the SET Index at 1,540 points and a support level at 1,520 points for today’s session.
Yesterday, Thailand’s SET Index closed at 1,528.43 points, increased 11.74 points or 0.77%, with a trading value of THB 59.21 billion.
