The Thai stock market this morning opened up 5.49 points on hopes the Fed will stop raising interest rates, global oil soars. Encouraging the cabinet to stimulate the economy
Investment atmosphere in the Thai stock market this morning (Aug. 30), opened at 10:00 a.m. The index rose 5.49 points, touching 1,574.30 points, with a trading value of 1,918.89 million baht.
Analysts at Krungsri Securities estimated the SET to rise to resistance levels of 1,575 and 1,580 in response to the decline in US job openings for the third consecutive month, leading the Fed to end its rate hike. Crude prices soar on supply concerns after Hurricane Idalia hits Florida. coupled with the government’s expectation of various measures to stimulate the economy, which helped support the direction of investment.
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