Market

Thai stocks closed down 11.80 points.

Bangkok, May 19- The SET closed today at 1,514.89 points, down 11.80 points (-0.77%), trading value 47,318.45 million baht.

The SET closed today at 1,514.89 points, down 11.80 points (-0.77%), trading value of 47,318.45 million baht. Revealed that the Thai stock market today has continued to decline since the morning, under pressure from domestic politics, waiting for a clear government to be established. Including concerns about the far-reaching party policy In addition, most analysts have started to cut EPS forecasts this year to a low of 100 baht, resulting in more expensive valuations affecting capital outflows. Next week’s trend is expected to swing sideways and downward. Keep the support at 1,500-1,480 points and the resistance at 1,530 points.-Thai News Agency

Source: Thai News Agency