Fed rate-hike impact on SET forecast

MONDAY, MARCH 06, 2017
Fed rate-hike impact on SET forecast

Apple Wealth Securities forecasts Thailand’s Stock Exchange Index will swing between 1,550 and 1,600 points in March when US’s Federal Reserve is expected to increase interest rates.

“Thailand’s economy is still maintaining growth with the country’s export growth, as the listed companies’ financial result recorded growth,” the securities firm said.
As of 11.31am on Monday, the SET Index was down 6.36 points to 1,550.84 points with a trade value of Bt13.07 billion.