On Friday, Maybank Securities (Thailand) expects the Thai market to surge in response to the news of Thailand reducing U.S. tariffs from 36% to 19%, a rate that is much closer to its regional peers and lower than Vietnam’s 20%. The tariff news will be an overweight factor in today’s trading, with the SET Index potentially reaching 1,250 points.
The securities firm recommends investors closely monitor listed companies’ 2Q25 earnings reports, particularly MINT, as well as U.S. Nonfarm Payrolls and other economic figures.
The firm set a resistance level for the SET Index at 1,250 and a support level at 1,235 points for today’s session.
Yesterday, Thailand’s SET Index closed at 1,242.35 points, decreased 1.79 points or 0.14% with a trading value of THB 54.20 billion.
