The trend of the Thai stock market next week will adjust to a narrow range during the long holiday.

Thai stock market trend Next week, analysts at IRA Securities expect to continue to change in a narrow range. Adhering to long holidays, open for 2 days only. Investors await the results of the Fed meeting, giving support at 1,525 points and resistance at 1,545 points.

Mr. Narongdej Chantarapaisan Director of the Securities Analysis Department of the IRA Securities Company (SEC) said “Thai stock market trend“ Next week is expected to continue to vary in a narrow range. In addition, this week there will be a meeting of US Federal Reserve (Fed) Causing investors to postpone their investment first to wait to see such factors

However, the market is also supported by other stocks such as retail, etc., with support at 1,525 points and resistance at 1,545 points.

In addition, the stock market will be open for only 2 days, since May 1 in national labor daythe 4th of May in coronation day and May 5th is a special holiday

While Thailand’s stock market on Friday (April 28, 2023) is leaning sideways towards down. pressured by stocks DELTA, PTTEP along with light trading Entering the period of long continuous holidays

The market closed at 1,529.12 points, a decrease of 2.11 points (-0.14%), trading value of 45,043.38 million baht. The lowest point was 1,524.30 points and the highest point was 1,542.41 points.