On Wednesday, FSS International Investment Advisory Securities (FSSIA) expects the Thai market to trade sideways.
The securities firm advised investors to closely monitor the announcement of U.S. reciprocal tariffs tonight, and gauge its effect on the Thai economy.
Domestically, there are no new supporting factors after the earthquake panic has subsided. The firm recommends monitoring the future stimulus measures. Meanwhile, the Asian market opened sideways within a narrow range.
The firm set a resistance level for the SET Index at 1,180 points and a support level at 1,160 points.
Yesterday, Thailand’s SET Index closed at 1,168.02 points, increased 9.93 points or 0.86% with a trading value of THB 26.39 billion.
