On Thursday, Maybank Securities expects the Thai market to continue its recovery, as investors are anticipating a conclusion to US-Thai trade talks, and continuous fund inflow bolstered market sentiment.
The securities firm recommends investors to closely monitor Thai export figures in June, which is expected to grow 18.3%, as well as the economic stimulus board’s consideration of THB 40 billion stimulus measures.
The firm set a resistance level for the SET Index at 1,230 points and a support level at 1,210 points for today’s session.
Yesterday, Thailand’s SET Index closed at 1,219.62 points, increased 27.87 points or 2.34% with a trading value of THB 45.12 billion.
