Thai Stocks News

SET Likely to Edge Up Today

Thailand Stock BrokerPhoto by rawpixel on Unsplash
The Thai Stock Market  Likely to See Gains Today

Both the DOW and NASDAQ stage decent rebounds last night with 2.17% and 2.89% respectively.

Japan, China, Taiwan, and Australia are following the lead from the US this morning with more moderate gains through. The Hong Kong Hang Sen is closed due to a public holiday.

The Thai Stock Market (SET) is likely to follow suit within range.

October May Remain Choppy for the Thai Stock Market

During the remainder of October, the SET  is likely to remain volatile and even vulnerable as its Short-term Momentum Strength Index points to declining.  The Medium-term Bull-to-Bear Indicator is heading south with a significant drop in the Market Breadth Indicator.

Keep calm and trade on.

ThaiVest Editorial Team

Leave a Reply