Thai stock market drops 1.29% but expected to rebound following upbeat global forecasts

From Nasdaq: 2025-01-23 21:01:41

The Thai stock market ended a two-day winning streak, dropping 1.29% to close just below 1,345 points. Despite this, a rebound is expected on Friday following upbeat global market forecasts. The SET saw losses in various sectors, with 306 decliners and 156 gainers. Major stocks like Advanced Info and Thailand Airport experienced declines. In the U.S., the Dow, NASDAQ, and S&P 500 all closed in the green, benefitting from recent momentum. Biotechnology stocks surged, while jobless claims in the U.S. rose. Oil prices fell after crude inventories showed lower-than-expected declines.



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