Thai Stock Market Sees Morning Gains Amid Limited Upside

Bangkok: Thai stocks closed the morning session with an increase of 4.86 points. The Stock Exchange of Thailand concluded this morning at 1,405.75 points, marking a rise of 4.86 points, equivalent to a 0.35% increase, with a trading value of approximately 40,233.11 million baht.

According to Thai News Agency, analysts noted that the Thai stock market continued its upward trend during the morning session. However, they observed that the potential for further gains is becoming limited after recent surges in response to the stability of the government and the market entering overbought territory. On the international front, factors remain positive, driven by the ongoing recovery of tech stocks. For the afternoon session, fluctuations are anticipated within a support range of 1,390-1,400 points and a resistance range of 1,410-1,420 points.