Bangkok: Thai stocks closed the morning session up 3.45 points. The Stock Exchange of Thailand (SET) saw a slight increase, closing at 1,257.55 points, which marks a rise of 3.45 points (+0.28%), with a trading value reaching approximately 16,303 million baht.

According to Thai News Agency, analysts observed that the Thai stock market experienced fluctuations within a narrow range during the morning due to a lack of new supporting factors. The focus remains on several central banks holding meetings this week, including the Bank of Thailand’s Monetary Policy Committee (MPC), which is expected to discuss a potential interest rate cut on December 17th. Similarly, the Bank of England (BoE), the European Central Bank (ECB), and the Bank of Japan (BOJ) are anticipated to release their economic assessments for the upcoming year and possible monetary policy changes, adding to market volatility.

The report further highlighted that disappointing economic data from China exerted pressure on regional markets. Despite these challenges, there is an expectation for the market to maintain a positive trajectory in the afternoon, with support identified at 1,250 points and resistance at 1,270 points.