Little Movement Seen For Thai Stock Market

The Thai stock market is expected to experience little movement on Wednesday, following a two-day slide that saw the market slip more than 15 points or 1 percent. The Stock Exchange of Thailand currently sits just shy of the 1,465-point plateau.

The global forecast for the Asian markets suggests a lack of movement, as the world waits for developments in the Middle East. The European markets were down, while the U.S. bourses were mixed and flat. The Asian markets are expected to follow the latter lead.

Key Factors Influencing the Market

* The ongoing situation in the Middle East is a major factor influencing the market, with investors waiting for updates on the conflict.
* The European markets’ decline is also expected to have an impact on the Asian markets.
* The U.S. bourses’ mixed and flat performance may also influence the Asian markets.

Latest Updates on the Middle East War

* Canadian Stocks Edge Higher As U.S. Ultimatum To Iran Ends In A Few Hours
* Crude Oil Edges Higher As U.S. Deadline To Iran Lapses In Hours
* Joint Task Force Commits $600 Mln To Procure New Counter-drone Capability
* US Denies Iran’s Claim Of Attacking USS Tripoli
* Trump Says Iran Could Be ‘taken Out’ In One Night After Ceasefire Proposal Rejected

Economic News

* U.S. Durable Goods Orders Slump 1.4% In February, Much More Than Expected
* U.S. Services Index Indicates Slower Growth In March
* U.S. Employment Rebounds Much More Than Expected In March
* U.S. Trade Deficit Widens Less Than Expected To $57.3 Billion In February

Industry News

* Estée Lauder Shares Fall 5% After Announcing Partnership With WPP And Restructuring Plans
* Cipla Gets FDA Approval For Generic Nintedanib Capsules
* Trimble To Buy Document Crunch For Undisclosed Sum
* Apnimed Secures Up To $150 Mln Debt Financing From KKR’s HealthCare Royalty Partners

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