BANGKOK, Thailand — Kasikorn Securities expects the Thai stock market to trade within a range this week, with key support levels at 1,470 and 1,460 points and resistance levels at 1,510 and 1,535 points for the period of May 4–8.
The brokerage highlighted that investor sentiment will be shaped by a mix of domestic and international economic indicators, corporate earnings, and geopolitical developments.
Key domestic factors to watch include Thailand’s first economic Cabinet meeting, April inflation data, and first-quarter 2026 earnings results from listed Thai companies. Market participants are also monitoring foreign fund flows and ongoing geopolitical tensions in the Middle East.
On the international front, attention will focus on several major US economic releases, including new home sales for March, ISM and services PMI data, April non-farm payrolls, unemployment rate figures, and weekly jobless claims.
Other global indicators include Eurozone producer price inflation for March and April services PMI readings from China, Japan, and the Eurozone, which may influence regional market sentiment.
In the previous trading week ending April 30, the SET Index closed at 1,493.69 points, rising 2.58% from the prior week. Average daily trading value stood at 56.32 billion baht, down 1.76% week-on-week, while the MAI index slipped 0.24% to close at 214.57 points.
