On Friday, Liberator Securities expects the Thai market to trade narrowly sideways due to a positive factor from last night’s direct call between U.S. President Donald Trump and China leader Xi Jinping to negotiate trade deals.
Today the securities firm suggested investors should closely monitor Thai CPI figures, the Reserve Bank of India (RBI) meeting, which is expected to reduce interest rate, and tonight’s U.S. employment-unemployment figure.
The firm set a resistance level for the SET Index at 1,150 points and a support level at 1,130 points.
Yesterday, Thailand’s SET Index closed at 1,140.63 points, increased 8.61 points or 0.76% with a trading value of THB 33.20 billion.