On Wednesday, FSS International Investment Advisory Securities (FSSIA) expects the Thai market to trade sideways, with supporting factors from the establishment of the Thai ESGX Fund that boosted the index on Tuesday and reduced the pressure from the LTF selloff in the near term.
However, the Thai market is still weighed by outside factors from uncertainties surrounding the U.S. tariff policies and tensions between countries. Earlier on Tuesday, U.S. President Donald Trump imposed a 50% duty on Canada’s Steel and Aluminum, before repealing it back to 25% on Wednesday.
