Bangkok: Thai stocks experienced a notable surge, closing up 37.23 points to reach a total of 1,100.01 points. This marks a 3.50% increase for the Stock Exchange of Thailand, with a trading value reported at 52,840.03 million baht.
According to Thai News Agency, the Thai stock market outperformed the regional markets today. Key factors contributing to this performance included a ceasefire agreement between Israel and Iran and advancements in Thai politics, as the government successfully progressed. Additionally, the approval of a 115 billion baht economic stimulus budget provided further positive momentum. Analysts predict that the market may pause tomorrow, with attention turning to the Monetary Policy Committee's activities. Resistance is anticipated at 1,110 points, while support is expected at 1,080 points.