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The SET fell 11 points, dropped 1,630, worried about the Fed’s tightening of monetary policy, the US-Russia conflict, pressure

Reporters reported that The Thai stock market index at 10:38 was at 1629.27 points, minus 11.27 points or 0.69% with a trading value of 22.9 billion baht.

Mr. Apichart Phobunjerdkul Director of Securities Analysis Division TISCO Securities said that the direction of the Thai stock market has a chance of Sideway Down according to other stock markets. In the region, concerns about the faster-than-expected tightening of monetary policy measures are expected at the Federal Reserve (Fed) meeting on Jan. 25-26.

At the same time, tensions between the United States and Russia are growing over the Ukraine issue. As a result, investors reduce their holdings of risky assets.

by giving support at 1630 points and the next support at 1620 points, while the resistance at 1655 points