PUBLISHED : 5 Oct 2024 at 05:00
The SET index rebounded from its monthly low of 1,352 points in September, reaching a 10-month high of 1,471 by the end of the month.
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PUBLISHED : 5 Oct 2024 at 05:00
The SET index rebounded from its monthly low of 1,352 points in September, reaching a 10-month high of 1,471 by the end of the month. The breakthrough above 1,430, which has been a key resistance level since November 2023, indicates a positive trend.
On the technical side, the weekly moving average convergence/divergence has crossed back into positive territory, suggesting a medium-term uptrend, though a potential short-term pullback is possible. Among the key factors influencing the market:
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