Bangkok: Thai stocks closed up 17.56 points. The Stock Exchange of Thailand ended the day at 1,246.96 points, marking an increase of 17.56 points (+1.43%) with a trading value of 53,040.81 million baht.
According to Thai News Agency, analysts suggest that the Thai stock market experienced positive fluctuations due to expectations of the Federal Reserve's first interest rate cut of the year, prompted by lower-than-expected US non-farm payroll figures. The depreciation of the US dollar has also encouraged fund inflows into Asia. Furthermore, the outlook for listed companies in Q2 2025 remains stable. Significant activity was observed in lagging stocks within the hospital and retail sectors, as well as infra-tech stocks like GULF, TRUE, and ADVANC.
The upward momentum is anticipated to persist into tomorrow, with resistance levels predicted at 1,255 and 1,260 points, and support at 1,230 points.