– SET Index closed at 1,648.37 points, decreased 1.96 points or 0.12% with a trading value of 78.3 billion baht. The analyst stated that the Thai stock market moved sideways in a rebasing position without positive catalysts.
For the domestic event, the analyst recommended to monitor the CCSA meeting that the market speculated a termination of the emergency decree. Meanwhile, the analyst advised keeping an eye on China’s imports/exports data and the ECB meeting later this week for overseas events.
In addition, the analyst expected Thai stock market to continue rebasing, giving a support level at 1,640 points and a resistance level at 1,655-1,658 points.
– Local Institutions and Foreign Investors withdrew 2.9 billion baht from the Thai stock market, resulting in a 2pts plummet in today’s session.