Prepared for afternoon sell-off: Asia Plus Securities
Despite a hike in the Stock Exchange of Thailand index in the morning session, Asia Plus Securities reckoned that a sell-off is possible in the afternoon.
In a research note, it said the negotiation on the US debt ceiling is influencing the Thai stock market. It remains unresolved if the administration and the Republicans can reach a deal on the debt ceiling.
At 2.05pm, the SET index rose 6.88 points or 0.47 per cent to 1,458.7 points.