On Monday, Asia Plus Securities expects the Thai market to trade sideways-up, with supporting factors from continuous fund inflows, and the easing Federal Reserve rate hike pressure after the U.S. employment figures came out lower than expected.
The analyst recommends investors closely monitor Thailand’s June inflation data.
The securities firm set a resistance level for the SET Index at 1,620 – 1,630 points, and a support level at 1,600 points for today’s session.
Daol Securities stated that the SET Index may be volatile, but within the positive territory due to fund inflows, and the speculations on listed companies’ 2Q26 earnings results.
The brokerage firm recommends investors closely monitor the key catalysts including the court decision on the Emergency Loan Decree, and the global tech sector.
The analyst also estimated that the Thai bourse will move within the range of 1,590 – 1,640 points.
Last Friday, Thailand’s SET Index closed at 1,611.28 points, increased 17.72 points or 1.11%, with a trading value of THB 80.49 billion.
