On Wednesday, TISCO Securities expects the Thai market to continue consolidating along with the global market trend, after the Middle-Eastern conflict showed signs of further prolongation and escalation, which affected oil price and inflation.
However, robust dividend payouts in the Thai stock market may lead to buying forces that help buoy the market along with the rallies in the energy sector.
The securities firms set a resistance level for the SET Index at 1,490-1,495 points and a support level at 1,440-1,450 points for today’s session.
Last Monday, Thailand’s SET Index closed at 1,466.51 points, decreased 61.75 points or 4.04%, with a trading value of THB 113.07 billion.
