Bangkok: Thai stocks closed down 16.33 points as the SET index concluded today at 1,253.54 points, marking a decline of 16.33 points (-1.29%), with a trading volume of 28,929.61 million baht.
According to Thai News Agency, the decline in the Thai stock market was attributed primarily to selling pressure on DELTA shares, which were influenced by negative sentiment prevailing in most regional markets. Additionally, profit-taking activities on AOT contributed to the downward trend. Uncertainty surrounding TISA also prompted funds that had previously invested in anticipation of market movements to adjust their portfolios.
The market outlook for tomorrow remains subdued, with analysts predicting the possibility of a limited technical rebound. Key support levels are anticipated at 1,248 points, followed by 1,240 and 1,230 points, while resistance levels are expected at 1,258 and 1,263 points.