The Thai stock market in the morning opened up 7.62 points.

The Thai stock market opened up 7.62 points in the morning, touching 1,626.72 points, responding to President Xi Jinping. Ready to resolve the Russian-Ukrainian conflict

The atmosphere of investing in the Thai stock market this morning (March 9) opened at 10:00 am. The index rose 7.62 points, touching 1,626.72 points, trading value 2,545.96 million baht.

AIRA Securities analysts expect the market today “rebound” to look at support at 1,610 and 1600 points, and resistance at 1,630 and 1,650 points, although it is expected that the market continues to receive negative psychology from US tensions. Russia, after President Joe Biden issued a statement suspending Russian oil and gas imports as previously signaled. However, it seems that the price of risky assets has been somewhat aware of the aforementioned issues.

Meanwhile, the European side has shown no signs of joining Russia’s energy export protection measures. Still, the view is that there is a relatively small chance that Europe will immediately suspend all imports following the US. With the European imports of natural gas from Russia up to 40% of total demand. But it is expected to gradually reduce the share of Russian energy imports.

There was also a positive view on President Xi Jinping’s remarks on resolving the crisis between Russia and Ukraine. It is expected to stimulate the expectation that tensions in the Ukrainian crisis may ease in the next period.