Finansia Syrus Securities (FSS) expected Thailand’s SET Index to move within the range of 1,310-1,325 points, despite a notable rebound in the technology sector last night, compensating partially for the previous Friday’s slump. Meanwhile, the energy sector anticipates market retracement following a significant dip in crude oil prices.
The Constitutional Court is set to deliberate on the Prime Minister’s position, and the outcome will be closely monitored to assess the potential medium to long-term market outlook. A positive ruling could lead to an upside, particularly for Domestic Play stocks.
In the short term, stocks showing strong performance in the second quarter of 2024 are expected to attract profit-taking activities, driving market movements more actively and resiliently.
Vice President Kamala Harris has exceeded the required number of delegates for clinching the Democratic presidential nomination, according to the report by Reuters citing campaign sources.
An unofficial count from the Associated Press reveals that Harris currently has 2,214 delegates, significantly surpassing the minimum majority required to secure the nomination outright in the initial round of voting.
CrowdStrike’s stock experienced a 13.5% drop in Monday’s trading session as the cybersecurity software firm continued its efforts to support clients from various sectors in recovering from a malfunction that left millions of Microsoft Windows devices offline last week.
