On Wednesday, Maybank Securities (Thailand) expects the Thai market to stabilize due to lack of new supporting factors that could impact the index.
Internationally, investors are closely monitoring the Fed meeting, which is set to announce the result on Thursday morning.
Domestically, the Thai market still lacks new supporting factors, as yesterday’s cabinet meeting resulted in no new stimulus policy.
The firm set a resistance level for the SET Index at 1,180 points and a support level at 1,165 points.
Yesterday, Thailand’s SET Index closed at 1,176.17 points, increased 5.97 points or 0.51% with a trading value of THB 39.01 billion.
