On Thursday, FSS International Investment Advisory Securities (FSSIA) expects the Thai market to rebound following a recovery in foreign markets, after U.S. President Donald Trump postponed tariffs on countries that did not declare retaliatory measures. The move bolsters market sentiment and temporary easing investors’ concerns on trade war, resulting in an influx of capital in risk assets.
The firm set a resistance level for the SET Index at 1,110-1,120 points and a support level at 1,060 points.
Yesterday, Thailand’s SET Index closed at 1,088.18 points, increased 13.59 points or 1.26% with a trading value of THB 50.88 billion.
