SET on Track to Extend the Gain in Response to No Lockdown and Brexit Deal

SET on Track to Extend the Gain in Response to No Lockdown and Brexit Deal.

Tisco Securities expected SET Index to move in sideways-up trends as the market became more active after the Center for COVID-19 Situation Administration (CCSA) on Thursday resolved that there will be no whole-country lockdown, but will tighten restrictions in some areas that have coronavirus outbreak, resulting in a limited impact to Thailand’s economic activity. Meanwhile, the success of the Brexit deal also set a positive tone to the market as well.

 

The analyst estimated the trading value in today’s session after more than a hundred billion baht of trading value yesterday, while a great number of stock markets will be closed on Christmas Holiday.

In addition, the analyst advised investors to monitor the development of the coronavirus resurgence, giving a support level at 1,445-1,440 points and a resistance level at 1,460-1,470 points.

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