On Wednesday, Tisco Securities expects the Thai market to be weighed down by U.S. government shutdown concerns after the Senate rejected the temporary budget proposal, which prevented the release of economic data that investors could use for investment decisions.
Meanwhile, the oil price continued to subside, pressuring the energy stocks. Furthermore, as PTT receives the ex-dividend (XD) mark, the SET Index is expected to be dragged down by around 2 points.
The firm set a resistance level for the SET Index at 1,290-1,292 points, and a support level at 1,268 points, with the next support level at 1,260 points for today’s session.
Yesterday, Thailand’s SET Index closed at 1,274.17 points, decreased 13.90 points or 1.08%, with a trading value of THB 49.54 billion.
