On Monday, Tisco Securities expects the Thai market to rebound due to supporting factors from the U.S.-China trade talk, as well as the progress on U.S.-Thai trade negotiation after Washington agreed to sit down with Thailand, however, the dates are yet to be announced.
Furthermore, the Thai market is also bolstered by better-than-expected U.S. employment figures, and continued surging crude prices.
The firm set a resistance level for the SET Index at 1,150 points and a support level at 1,130 points.
Last Friday, Thailand’s SET Index closed at 1,136.43 points, decreased 4.20 points or 0.37% with a trading value of THB 30.85 billion.
