Renewed Consolidation Expected For Thai Stock Market
From Nasdaq: 2025-02-09 21:01:14
The Thai stock market ended a seven-day losing streak, gaining over 1.5% on Friday to close above 1,280 points. Global markets are down on inflation and tariff concerns, with Asian bourses expected to follow suit. The SET saw gains in various sectors, with notable increases in Advanced Info, Charoen Pokphand Foods, and CP All Public. Wall Street closed with losses, with the Dow, NASDAQ, and S&P 500 all declining. Consumer sentiment in the U.S. weakened in February, and President Trump announced reciprocal tariffs on multiple countries. Oil prices rose after new sanctions on Iran’s crude exports.
Read more at Nasdaq: Renewed Consolidation Expected For Thai Stock Market