On Thursday, Liberator Securities expects the Thai market to trade sideways within range due to pressure from trade wars, after the U.S. announces 50% tariffs on India, and 100% tariffs on non-U.S. semiconductors, pressuring stocks in the electronic parts sector.
However, the Thai market receives short-term headwinds from fund inflow and global rate cutting trend, as well as speculative buy force in listed companies with good 2Q25 results.
The firm set a resistance level for the SET Index at 1,280 and a support level at 1,250 points for today’s session.
Yesterday, Thailand’s SET Index closed at 1,264.47 points, increased 17.51 points or 1.40% with a trading value of THB 65.23 billion.
