A bigger opening is expected for the Thai stock market

(RTTNews) – Thailand’s stock market headed south again on Monday, one session after ending a 2-day gyration in which it fell an additional 20 capacities, or 1.5 percent. The Alternate of Thailand inventory is now actually sitting above the 1,370-level plateau despite the indisputable truth that it is expected to rise again on Tuesday.

The global outlook for Asian markets is bright, with technology stocks expected to lead the markets. European and US markets were broadly higher and Asian bourses are expected to follow suit.

The SET was lower on Monday, following losses in the Foods , Industrials , Real Estate , Resources , Transportation and Technology sectors.

On the day, the index sank 12.11 capacity, or 0.87 percent, to 1,372.65 after trading between 1,370.69 and 1,390.84. The volume changed to 7.861 billion shares, charging 37.273 billion baht. 409 stocks declined and 102 gained while 160 stocks ended unchanged.

Among actives, Developed Recordsdata fell 2.46 percent, Thailand Airport fell 0.42 percent, Asset World weakened 1.15 percent, Banpu fell 8.47 percent, Bangkok Financial institution gained 0.66 percent , Bangkok Dusit Scientific lost 2.03 percent, Bangkok Expressway lost 0.70 percent, B. Grimm fell 7.89 percent, BTS Community sank by 3.31 percent, CP All Public fell 0.89 percent, Charoen Pokphand Foods fell 2.62 percent, Energy Absolute fell 4.04 percent, Gulf fell 2.17 percent, Kasikornbank strengthened by 2.27 percent, Krung Thai Financial institution added 0.47 percent. , Krung Thai Card gained 0.50 percent, PTT Oil & Retail fell 4.62 percent, PTT Exploration and Manufacturing improved 1.21 percent, PTT Global Chemical fell 3.92 percent, SCG Packaging was fell by 5.13 percent, Siam Concrete fell by 2.71 percent, Thai Oil fell by 2.83 percent, Excellent Corporation declined by 4.31 percent, TTB Financial institution was slipped 1.08 percent, while Siam Industrial Financial institution and PTT were unchanged.

Wall Avenue executives are largely bullish as the major averages started to rally on Monday and largely remained such a concoction, despite the indisputable truth that the Dow fell into the purple by the end of the day.

The Dow lost 25.57 points, or 0.06 percent, to 42,706.56, while the NASDAQ added 243.30 points, or 1.24 percent, to end at 19,864.98 and the S&P 500 added 32.91 points, or 0. 55 percent and closed at 5,975.38.

Wall Avenue’s early gains reflected continued strength in tech stocks after electronics giant Foxconn reported fourth-quarter earnings amid strong AI server search records.

Early buying curiosity has also changed in response to experiences that suggest President-elect Donald Trump may also increase his tariff plans.

Crude oil prices failed to hold on to early positives on Monday, snapping a five-day winning streak – despite the undeniable fact that the scheme turned into a cap again after major oil exporter Saudi Arabia raised prices for Asian customers for the first time in three months. West Texas Intermediate crude for February delivery was down $0.46, or 0.5 percent, at $73.50 a barrel.

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.