Bangkok: The Stock Exchange of Thailand (SET) closed today at 1,178.43 points, marking an increase of 2.07 points or 0.18%, with a trading value of 27,690.45 million baht.
According to Thai News Agency, analysts observed that the Thai stock market experienced fluctuations within a narrow range throughout the trading session. In the morning, market sentiment received a temporary boost from news that former U.S. President Donald Trump had delayed a planned tax hike on the European Union. Despite this, ongoing U.S. trade tax policies continued to cast a shadow over the global economic outlook.
Investors were also concerned about domestic economic indicators. Thailand’s export figures showed slower growth than anticipated, raising alarms about potential future slowdowns. Analysts indicated that, without new major factors to influence the market, tomorrow’s trading is expected to continue fluctuating within a tight range. Resistance is anticipated at 1,190 points, while support is likely to be found at 1,165 points.