On Monday, Tisco Securities expects the Thai market to potentially reach the recent high at 1,545 points, on hopes surrounding the easing of the U.S.-Iran conflicts, which bolsters optimism for the investment atmosphere. On the other hand, the brokerage cautions the selloff among the energy stocks following a 5% drop in oil prices, and potential volatility in DELTA.
The securities firm sets a resistance level for the SET Index at 1,545-1,550 points and a support level at 1,530 points for today’s session.
On Friday, Thailand’s SET Index closed at 1,538.67 points, increased 6.00 points or 0.39%, with a trading value of THB 60.03 billion.
