On Thursday, TISCO Securities expects the Thai market to move sideways due to negative factors from listed companies’ weaker-than-expected 4Q25 earnings reports, as well as the slow recovery of U.S. dollar. Meanwhile, technical signs showed that the SET Index is reaching Overbrough state.
The securities firm set a resistance level for the SET Index at 1,345-1,350 points, and a support level at 1,330 points for today’s session.
Daol Securities stated that the SET Index may potentially rise to a significant resistance level of 1,345–1,350 points. If the index swiftly surpasses the 1,350 points, it will become a positive sign for the investment climate moving forward. However, if the index moves sideways within a limited range, investors may start profit-taking action on stocks that have sharply surged recently, which may cause short-term selling pressure for the Thai market.
Nonetheless, the most important factors are the FOMC meeting results, and the U.S. next move on Iran, which may affect the market direction in the future.
Yesterday, Thailand’s SET Index closed at 1,338.90 points, increased 4.45 points or 0.33%, with a trading value of THB 44.73 billion.
