Thai stocks today are trading sideways between 1,245 and 1,270 points. The Fed is signaling an interest rate easing, with hopes that the Bank of Thailand will follow suit.
Analysts expect Thai stocks to trade sideways between 1,245 and 1,270 points today, driven by positive external factors, particularly the Fed's easing outlook for interest rates, positive US-China negotiations, and continued expectations of a BoT rate cut due to economic downside risks.
25 November 2568 Kasikorn Securities expects Thai stocks to fluctuate sideways today between 1,250 and 1,270 points. From the positive picture of foreign countries that has recovered after the New York Fed President revealed his view on the next time of easing policy interest rates
Innovation Exchange Securities Thai stocks are expected to fluctuate, with pressure from the MSCI Rebalance likely to slow, but recovery remains limited due to a lack of supporting factors. External factors are improving following positive US-China talks.
Domestically, the Cabinet is considering the 40 baht all-day electric train fare for the Purple and Red lines, relief measures for flood victims in the South, and the October import-export and trade balance. Technically, if the index doesn't rise above the 200-day line, the overall picture will remain bleak. Support 1,245/1,240 Resistance 1,265/1,270 points
Pie Securities Evaluate the movement framework SET Index at 1,245 – 1,260 It is also expected to be supported by expectations of a Bank of Thailand interest rate cut due to the economy being at risk of downside risk.
Strategically, investment focuses on selecting stocks with positive factors, such as finance (MTC, SAWAD, TIDLOR), tourism (MINT), shopping centers (CPN), and commercial banks (SCB). This morning, we're awaiting Thai export figures. The Bloomberg Consensus forecasts 6.5% year-on-year growth, but a trade deficit of US$1.1 billion.
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