On Monday, Asia Plus Securities expects the Thai market to trade sideways within range, as there could be negative factors from the geopolitical conflicts, after the U.S. is preparing to impose tariffs on eight European nations. However, the market may also be bolstered by investors’ speculative action on listed companies’ 4Q25 earnings reports.
The securities firm set a resistance level for the SET Index at 1,285-1,290 points, and a support level at 1,260 points for today’s session.
Kingsford Securities anticipated the SET Index to move with a supporting level of 1,260 –1,270 points, and a resistance level of 1,280 – 1,290 points. The brokerage estimates the Thai market to be bolstered by foreign fund flows, which diversify from the U.S. markets to emerging markets to mitigate risks. Furthermore, investors are waiting to assess impact from the U.S. imposition of tariff on countries that brought Russian oil. The securities house recommends accumulating ADVANC, TRUE, CPALL, CPN, GULF, PTT, and OSP.
Last Friday, Thailand’s SET Index closed at 1,275.60 points, increased 14.21 points or 1.13%, with a trading value of THB 45.77 billion.
