Thailand’s SET Index closed at 1,591.24 points, increased 13.43 points or 0.85%, with a trading value of THB 91.87 billion. The analyst stated that the Thai market extended gains on buying forces in big-cap stocks, especially the sector with fund inflows. Additionally, there were buying forces on stocks that will be included in the SET50 portfolio, thus benefiting the SET Index.
For tomorrow, the analyst expects the Thai market to move sideways within range.
The Japanese yen declined to levels not seen in 40 years, fueling concerns of imminent intervention from Japanese authorities. This dramatic drop unfolds as investors look to critical U.S. employment data that could steer future interest rate decisions.
China’s manufacturing sector saw a modest boost in June, with official data showing activity expanded more than analysts anticipated. The official Purchasing Managers’ Index (PMI) climbed to 50.3 from 50.0 in May, inching further above the 50-point mark that separates expansion from contraction.
