– SET Index closed at 1,500.61 points, increased 22.47 points or 1.52% with a trading value of 86.1 billion baht. The analyst stated that the Thai stock market made a huge rebound, following a sharp plunge in yesterday’s trading session.
The analyst advised investors to monitor Fed’s statement tonight regarding inflation rate that could result in an increase of policy rate earlier than expected that the rate would remain unchanged throughout the year.
The analyst recommended speculative buy and buy on weakness if the market is volatile, giving a support level at 1,485-1,490 points and a resistance level at 1,510-1,515 points.
– Foreign Investors made a return to net buy Thai shares for 1,577 million baht, buoying SET Index by 22 points.