On Thursday, Asia Plus Securities expects the Thai market to trade sideways within range, even with the U.S.-China trade talks resulting in an agreement, the market has largely responded to this factor. In addition, the U.S. CPI figures came out lower-than-expected, but the number did not stir the market.
Furthermore, the Thai market still lacks domestic supporting factors, supporting the securities firm outlook of sideways movement for the market.
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 1,141.58 points, increased 2.42 points or 0.21% with a trading value of THB 26.21 billion.
