On Friday, Asia Plus Securities expects the Thai market to move sideways within range after investors have priced in the U.S.-Iran peace deal and the Fed meeting.
However, there is a potential positive catalyst as S&P maintains Thailand’s credit rating, which could provide an upside for the Thai market.
The securities firm set a resistance level for the SET Index at 1,595 – 1,600 points and a support level at 1,575 points for today’s session.
Yesterday, Thailand’s SET Index closed at 1,585.06 points, decreased 2.01 points or 0.13%, with a trading value of THB 68.10 billion.
