Thailand’s SET Index closed at 1,278.05 points, increased 1.97 points or 0.15% with a trading value of THB 42.55 billion. The analyst stated that the Thai market traded sideways within range as the market has largely priced in the political supporting factors. Investors are monitoring for clarity in the new cabinet and its policies.
Nevertheless, the Thai market today experienced both upside from THAI and DELTA, and downside pressure from the ex-dividend date marking on banking stocks.
The analyst expects the Thai market to trade sideways tomorrow.
Nepal was thrust into its worst unrest in decades after days of intensifying protests against alleged government corruption and the loss of economic opportunity for the nation’s youth. The turmoil culminated in the resignation of Prime Minister K.P. Sharma Oli, signaling a fresh period of political uncertainty for the Himalayan nation.
A U.S. federal judge barred President Donald Trump from dismissing Federal Reserve Board Governor Lisa Cook following the announcement made by the president in late August, which cited alleged misrepresentations on her mortgage applications.
President Trump has also escalated calls for tougher measures against Russia by urging European Union leaders to impose tariffs as high as 100% on Chinese and Indian imports, specifically targeting their continued purchases of Russian oil.
