On Wednesday, FSS International Investment Advisory Securities expects the Thai market to trade sideways within range due to supporting factors from the U.S.-China trade talk, which still required further detail on the agreement. However, amid political instability, the Thai market still lacks supporting factors, especially after the government postponed the economic stimulus measures.
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 1,139.16 points, increased 3.92 points or 0.35% with a trading value of THB 29.30 billion.