On Friday, Asia Plus Securities expects the Thai market to trade sideways after the market has priced in most of the positive factors, especially domestic factors that involved government and BOT policies. As such, the market returns to a waiting stance for new supporting factors.
Additionally, the securities company recommends investors to closely monitor the trade war, which causes market volatility.
The firm set a resistance level for the SET Index at 1,200 points and a support level at 1,175 points.
Yesterday, Thailand’s SET Index closed at 1,181.71 points, decreased 7.95 points or 0.67% with a trading value of THB 44.62 billion.
