On Monday, Tisco Securities expects the Thai market to rebase, as the index was pressured by strong US dollar, as well as increasing 10-year U.S. bond yield.
Domestically, investors are monitoring for policy clarity from the new administration, which is expected to discuss within next week.
The firm set a resistance level for the SET Index at 1,300 – 1,305, and a support level at 1,280 points for today’s session.
Last Friday, Thailand’s SET Index closed at 1,292.72 points, decreased 4.29 points or 0.33%, with a trading value of THB 47.98 billion.