Thai stocks set for further profit-taking, UOB Kay Hian says
UOB Kay Hian analysts say Thai equities are likely to face continued profit-taking after earlier gains. The SET Index fell 1.8% in August, driven mainly by profit-taking, particularly in electronics.
Thai stocks are likely to continue facing some profit-taking following its ascent earlier this year, UOB Kay Hian analysts say in a note.
The benchmark SET Index has declined 1.8% in August, mainly due to profit-taking, particularly in the electronics sector.
The Thai stock market has no near-term…