On Friday, FSS International Investment Advisory Securities (FSSIA) expects the Thai market to trade sideways within range, though the movement may be narrow due to the majority of foreign markets closed on Good Friday.
Meanwhile, the oil price has gone up, bolstering energy stocks. Furthermore, as more banks release their Q1 financial statements, the securities firm anticipates the SET Index to be bolstered by surging speculative purchases.
The firm set a resistance level for the SET Index at 1,150 points and a support level at 1,130 points.
Yesterday, Thailand’s SET Index closed at 1,141.28 points, increased 2.38 points or 0.21% with a trading value of THB 29.80 billion.
