Thailand’s SET Index closed at 1,578.66 points, decreasing by 12.41 points or 0.78%, with a trading value of THB 75.78 billion. The analyst stated that the Thai stock market edged lower due to pressure from DELTA’s specific weakness, despite limited recoveries in other shares.
Meanwhile, investors are monitoring the Federal Reserve meeting, as well as the Fed Dot Plot, to gauge the policy direction.
For tomorrow, the analyst expects the Thai market to move sideways.
Retail activity in China lost momentum in August, rising only slightly compared to last year, while a deeper contraction in investment signaled continued economic headwinds. At the same time, industrial output showed stronger-than-anticipated growth as authorities acknowledged growing imbalances in the economy.
