On Thursday, FSS International Investment Advisory Securities (FSSIA) expects the Thai market to rebound and trade sideways within range, after the U.S. CPI came out lower than expected, and investors expect the Fed to lower interest rate three times in 2025. Last night, the U.S. technology stocks experienced a significant buyout, which may affect Thai electronic part stocks sentiment.
However, the market was still weighed by concerns over U.S. recession due to uncertainty over President Donald Trump’s trade war.
The firm set a resistance level for the SET Index at 1,170 points and a support level at 1,150 points.
