Bangkok: Thai stocks closed up 4.66 points as the Stock Exchange of Thailand ended the trading day at 1,217.15 points, marking a 0.38% increase. The trading value amounted to 36,910.98 million baht, reflecting a market that experienced sideways movement but ultimately closed in positive territory.

According to Thai News Agency, the positive close was supported by shares of Airports of Thailand (AOT) following news of a Passenger Service Charge (PSC) adjustment. Despite the gains, analysts noted that the market lacked new influential factors, with the Thai-Cambodian border situation posing only a short-term disturbance. The global market is currently awaiting the outcome of US trade negotiations before the August 1 deadline.

Looking ahead to the next week, which follows a 3-day holiday, market observers recommend monitoring the results of the Thai-US trade negotiations. Additionally, attention should be given to the upcoming Federal Reserve meeting and the release of GDP figures from the US and Europe. Analysts have identified a resistance level of 1,230-1,240 points and a support level of 1,200 points for the market.