On Wednesday, Asia Plus Securities expects the Thai market to trade sideways-up due to supporting factors from Songkran holidays and the U.S. announced a temporary tariffs exemption for smartphones, computers, and electronics imported from China and other countries.
The securities firm anticipates buying forces in the banking sector before 1Q25 financial statements.
The firm set a resistance level for the SET Index at 1,140 points and a support level at 1,120 points.
On April 11, Thailand’s SET Index closed at 1,128.66 points, decreased 5.29 points or 0.47% with a trading value of THB 34.66 billion.
