Bangkok: Thai stocks closed down 2.68 points today as the Stock Exchange of Thailand ended at 1,160.74 points, marking a 0.23% decline with a trading value of 36,281.33 million baht.

According to Thai News Agency, the market attempted a recovery before turning slightly negative by the end of the session due to an absence of supportive factors. Notably, the petrochemical sector showed signs of rebounding amid a temporary easing of the trade war situation, although it faced selling pressure from KBANK and DELTA shares.

Analysts suggest that the Thai stock market might experience further decline, recommending close observation of the upcoming US Federal Reserve meeting report and crude oil prices. The support levels to watch are 1,160 points, extending to 1,145 points, with resistance projected between 1,166 and 1,170 points.