On Wednesday, Kasikorn Securities expects the Thai market to surge on the positive momentum from Moody’s upgraded outlook on Thailand, which historically raises the SET Index by around 2.5% within the following week.
Meanwhile, the brokerage firm recommends investors closely monitor the Middle East war situation.
The securities firms set a resistance level for the SET Index at 1,500 points and a support level at 1,480 points for today’s session.
Yesterday, Thailand’s SET Index closed at 1,483.50 points, increased 1.65 points or 0.11%, with a trading value of THB 57.80 billion.
