Thai Stock Exchange Sees Modest Gains in Morning Session

Bangkok: Thai stocks closed the morning session up 3.38 points. The Stock Exchange of Thailand (SET) ended the morning at 1,264.77 points, marking a rise of 3.38 points (+0.27%), with a trading value reaching approximately 22,190 million baht. According to Thai News Agency, the Thai stock market exhibited sideways trading with a slight upward trend, influenced by positive sentiment from the US stock market. Within the domestic arena, the market remains cautious as investors await the release of bank earnings. Analysts noted that following a two-day rebound in the index, bolstered by an inflow of funds and maintaining above the 1,250 point mark, the overall market outlook has shown improvement. Projections for the SET index suggest it will fluctuate between 1,250 and 1,280 points, with expectations of continued fund inflows. The afternoon session is anticipated to witness a marginally positive trend, with support at 1,258 points and resistance at 1,270 points.