Thailand’s SET Index closed at 1,595.16 points, increasing by 6.94 points or 0.44%, with a trading value of THB 75.81 billion. The analyst stated that the Thai stock market traded lower in the morning session as the Fed’s hawkish stance on U.S. monetary policy raised concerns over rate hikes.
However, the afternoon session saw significant gains—offsetting early weakness—as investors adjusted their portfolios along with the MSCI Index revision. This led to increased buying interest from foreign traders.
For tomorrow, the analyst expects the Thai market to move sideways.
U.S. forces attacked two Iranian launchers on Larak Island on Sunday, in the first publicly identified American strike inside Iranian territory since late July.
U.S. Central Command said the launchers were targeted after Islamic Revolutionary Guard Corps personnel were seen preparing to launch sea mine rockets into the Strait of Hormuz.
