The Stock Exchange of Thailand (SET) Index recorded a slight gain in the morning session, increasing by 0.28%, or 3.54 points, to 1,257.94 points.
Mr. Chaiyaporn Nompitakcharoen, Managing Director of Sales & Trading Business at Bualuang Securities, stated that the sentimental support came from the President of the Federal Reserve Bank of New York, who indicated the possibility of monetary policy easing in the December meeting, renewing market expectations for a Fed interest rate cut.
This factor led Asian stock markets to rally in the morning as well. However, there have been no additional new drivers, resulting in the Thai stock market moving within a narrow range.
The market is expected to remain in positive territory during the afternoon, with resistance at 1,265 points and support at 1,250 points.
The five stocks with the highest trading value:
- Delta Electronics (Thailand) PCL (SET: DELTA): Trading value THB 1.16 billion, closed at THB 203.00 per share, up THB 2.00.
- PTT PCL (SET: PTT): Trading value THB 1.05 billion, closed at THB 30.25 per share, unchanged.
- Kasikornbank PCL (SET: KBANK): Trading value THB 707.55 million, closed at THB 187.50 per share, up THB 1.00.
- CP All PCL (SET: CPALL): Trading value THB 626.35 million, closed at THB 43.75 per share, up THB 0.75.
- SCB X PCL (SET: SCB): Trading value THB 617.51 million, closed at THB 130.00 per share, down THB 0.50.
