On Monday, Liberator Securities expects the Thai market to trade with volatility, as investors are monitoring for political direction.
This week, various ruling parties will convene to select the new prime minister, although details remain uncertain. The securities firm anticipates the parties to take sides and select the new PM in the middle of this week.
Overseas factors include the U.S. and China economic figures.
The firm set a resistance level for the SET Index at 1,250 and a support level at 1,220 points for today’s session.
Last Friday, Thailand’s SET Index closed at 1,236.61 points, decreased 13.48 points or 1.08% with a trading value of THB 52.47 billion.