Bangkok: Thai stocks closed the morning session up 4.12 points. The Stock Exchange of Thailand (SET) closed this morning at 1,288.59 points, an increase of 4.12 points (+0.38%), with a trading value of approximately 18.245 billion baht.
According to Thai News Agency, analysts reported that the Thai stock market rebounded this morning, tracking Asian markets, as investors anticipated progress in US-China trade negotiations. Positive domestic sentiment also played a role, with the government advancing tourism stimulus plans aimed at boosting the economy. Additionally, strong bank earnings supported buying activities in the market.
The market is expected to continue its upward trend this afternoon, with analysts predicting resistance at 1,300 points and support at 1,280 points.