Thai Stocks May Halt Two-Day Slide as Fed Holds Rates; SET Sits Above 1,565

Thailand's Stock Exchange of Thailand may snap a two-session losing streak on Thursday, supported by a cautiously optimistic global forecast for Asian markets after the Federal Reserve left interest rates unchanged. The SET fell 8.92 points, or 0.57 percent, to close at 1,566.10 on Wednesday, after trading between 1,565.52 and 1,576.55. Volume totaled 9.943 billion shares worth 65.443 billion baht, with 276 decliners against 151 gainers and 217 stocks unchanged. Food, consumer, industrial, resource, service and technology sectors led the losses. On Wall Street, the Dow rose 0.19 percent to 52,475.10, the NASDAQ added 0.27 percent to 26,549.85 and the S&P 500 gained 0.28 percent to 7,743.98. CME Group's FedWatch Tool indicates an 85.0 percent chance the Fed raises rates by a quarter point at its December 8-9 meeting. December West Texas Intermediate crude jumped $3.12, or 3.12 percent, to $103.02 per barrel on reports of possible U.S. attacks on Iran, capping regional upside.