Thailand’s SET Index closed at 1,473.07 points, increasing by 7.37 points or 0.50%, with a trading value of THB 52.52 billion. The analyst stated that the Thai stock market bounced back from the global tech recovery. However, due to a lack of fresh drivers, the rebound is anticipated to be short-lived, with no clear signs of market reversal.
Meanwhile, investors continue to monitor U.S. inflation figures, Middle East conflicts, as well as listed companies’ earnings results.
For tomorrow, the analyst expects the Thai market to move sideways and consolidate.
President Donald Trump has indicated that negotiations with Iran could avert a return to full-scale fighting, while retaining the option of further U.S. attacks. He described a renewed war as very unlikely if discussions advance on limiting Tehran’s nuclear activities and restoring passage through the Strait of Hormuz.
