On Thursday, Tisco Securities expects the Thai market to extend gains on investors’ anticipation for Federal Reserve rate cuts, after reports of weakened bond yield and U.S. dollar. Traders are speculating on further funds inflowed to emerging markets.
Domestically, Thai stocks are still undervalued. Meanwhile, the Monetary Policy Committee has decided to cut the interest rate, and has signaled another rate cut within the year. This has become a positive factor for finance, power plant, and dividend stocks.
The securities firm recommends investors closely monitor Thai parliament 2026 budget consideration, European Union’s GDP and PPI, U.S. unemployment beneficiary figure, as well as listed companies’ 2Q25 earnings reports.
The firm set a resistance level for the SET Index at 1,300 and a support level at 1,270-1,260 points for today’s session.
Yesterday, Thailand’s SET Index closed at 1,277.43 points, increased 18.36 points or 1.46% with a trading value of THB 70.06 billion.
