Bangkok: Thai stocks closed down 7.13 points as the Stock Exchange of Thailand ended the day at 1,212.49 points, a decline of 0.58%. The trading value stood at approximately 46,887.88 million baht.

According to Thai News Agency, analysts attributed the downturn to the rising tensions at the Thai-Cambodian border. This situation exerted selling pressure on large-cap stocks that had previously experienced significant gains, as well as on companies with operations in Cambodia. Despite this, the overall impact on the market remains limited. The index's attempt to test the 1,210-1,230 point range also contributed to some selling pressure.

Looking forward, analysts suggest monitoring the results of the upcoming Thai-US trade negotiations. There is anticipation for a potential reduction in the tax rate below 19%, which could provide a positive boost to the market. The resistance level is identified at 1,230 points, while support is noted at 1,190 points.