On Tuesday, Tisco Securities expects the Thai market to continue downward movement regardless of the rebounds in the global markets. This followed a renewed U.S.-China tariff spat during the holidays in the Thai market, while the scheduled meeting between the two countries is still expected to proceed by the end of this month.
For this week, the securities firm recommends investors closely monitor both domestic and foreign listed companies’ financial reports.
The firm set a resistance level for the SET Index at 1,300 points, and a support level at 1,280 points for today’s session.
Last Friday, Thailand’s SET Index closed at 1,286.98 points, decreased 27.01 points or 2.06%, with a trading value of THB 37.69 billion.
