Bargain hunting expected to boost Thai stock market after six consecutive sessions of decline

From Nasdaq: 2025-02-05 21:01:10

The Thai stock market has declined for six consecutive sessions, falling over 4.4 percent. The Stock Exchange of Thailand closed just above 1,285 points and is expected to receive support on Thursday. Global markets are optimistic following a drop in U.S. treasury yields, with European and U.S. markets mixed. The SET index closed 1.10 percent lower on Wednesday, with losses in various sectors. Major U.S. indices closed higher, with the Dow up 0.71 percent. Treasury yields fell to their lowest level in over a month due to auction size adjustments by the Treasury Department. Oil prices dropped over concerns about demand outlook.



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