Bangkok: Thai stocks closed down 12.95 points today, with the Stock Exchange of Thailand (SET) ending at 1,128.62 points, a decrease of 12.96 points, or 1.14%, and a trading value of 32,483.12 million baht.
According to Thai News Agency, analysts have noted that the Thai stock market's downward adjustment aligns with trends in regional markets. The Dow Jones futures experienced selling pressure, described as "Sell on Fact", following the initial conclusion of China-US trade negotiations. Additionally, ongoing uncertainties in domestic politics have contributed to a pressured investment atmosphere. The consumer confidence index for May also showed a continued downward trend. Looking ahead, the market is expected to fluctuate sideways with a potential downward bias. Analysts suggest support at 1,120 points and resistance at 1,135 points for tomorrow's market.