Thai stocks spike after Fed maintains rates againAn investor monitors share price movements at a brokerage in Bangkok. The Stock Exchange of Thailand (SET) index rebounded strongly on Thursday as other regional bourses tracked gains on Wall Street after the Federal Reserve kept US interest rates unchanged at 5.25-5.50%. (Bangkok Post File Photo)The Stock Exchange of Thailand (SET) index rebounded strongly on Thursday as other regional bourses tracked gains on Wall Street after the Federal Reserve kept US interest rates unchanged at 5.25-5.50%. Hong Kong's Hang Seng index rose 1.06%, while South Korea's Kospi gained 1.99%. Tisco expects the Thai index to have a support level of 1,320 points and resistance at 1,420 points this month.


Source:   Bangkok Post
November 03, 2023 12:55 UTC