Thai Stock Market Sees Modest Gains Amid Positive Trade Negotiation Sentiments


Bangkok: Thai stocks closed up 3.92 points today, with the Stock Exchange of Thailand concluding the session at 1,139.16 points, marking an increase of 0.35%. The trading value for the day reached 29,300.62 million baht.



According to Thai News Agency, market analysts attributed the upward movement in the Thai stock market to several positive factors. Notably, the United States announced its acceptance of the first official negotiation with Thailand, paired with encouraging progress in trade talks between the United States and China. Additionally, the weakening of the dollar, coupled with tendencies among several Asian central banks to reduce interest rates, contributed to a positive market sentiment.



Looking to the future, tomorrow’s trend will likely focus on the developments in trade negotiations between the United States and its various trading partners. The market’s resistance is projected between 1,150-1,160 points, while the support level is anticipated at 1,130 points.