Thai Stocks Plunge 31 Points at Midday, Breaching 1,600 After Fed Split on Rate Hold

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โดย HoonSmart·Read original
Summary · why it matters

The Stock Exchange of Thailand index tumbled heavily in the morning session, falling 31.44 points or 1.94 percent to 1,593.03 points, slipping below the 1,600 level. This came after the US Federal Reserve delivered a non-unanimous decision to hold interest rates, stoking concerns over the future rate direction. The sell-off was compounded by a global rout in AI and semiconductor stocks, including electronics shares, after SK Hynix reported weaker-than-expected earnings. DELTA shares dropped 6.32 percent, dragging the SET index down by nearly 18 points. Total trading value reached 66.49 billion baht. Dao Securities Thailand assessed the afternoon trend as still biased to the downside but increasingly limited, with support seen at 1,572 to 1,583 points and resistance at 1,599 to 1,610 points.

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