On Tuesday, FSS International Investment Advisory Securities (FSSIA) expects the Thai market to rebound within a limited range, even with positive sentiment from U.S.-China trade talk in London, domestically, the Thai market still lacking new supporting factors.
Furthermore, the prospect of the Thai economy is estimated to slow down, thus the securities firm anticipates a flat or slight growth on SET Index. Stocks related to crude oil could perform well today due to surging crude prices.
The brokerage firm recommends investors should closely monitor this week U.S.-China trade talk and the U.S. inflation figure
The firm set a resistance level for the SET Index at 1,140-1,145 points and a support level at 1,130 points.
Yesterday, Thailand’s SET Index closed at 1,135.24 points, decreased 1.19 points or 0.10% with a trading value of THB 24.06 billion.
