On Monday at 11:19 AM (Bangkok time), the share price of Hana Microelectronics Public Company Limited (SET: HANA) rose by 2.45% or THB 0.40 to THB 16.70, with a trading value of THB 72.43 million.
KCE Electronics Public Company Limited (SET: KCE) grew by 2.38% or THB 0.50 to THB 21.50, with a trading value of THB 93.17 million.
Delta Electronics (Thailand) Public Company Limited (SET: DELTA) jumped by 7.10% or THB 12.00 to THB 181.00, with a trading value of THB 1.71 billion.
Cal-Comp Electronics (Thailand) Public Company Limited (SET: CCET) gained 4.89% or THB 0.22 to THB 4.72, with a trading value of THB 142.99 million.
The rise in the Thai electronics component shares came amid the appreciation of the Thai baht in recent months, strengthening to around THB 31 per U.S. dollar. Speculation arises on the Bank of Thailand, which may step in to manage the exchange rate, prompting speculative buying to return to the segment.
Meanwhile, the stock sector also received a positive sentiment from the U.S. stock markets, which closed higher on Friday. The Dow Jones Industrial Average added 0.38% to finish at 48,134.89, while the NASDAQ rose 1.31% to 23,307.62. The S&P 500 gained 0.88% to close at 6,834.50.
The artificial intelligence sector saw a turnaround last week after a period of underperformance. Investors remain watchful to see if AI stocks can maintain their leading positions heading into year-end, particularly as some shift toward more attractively valued sectors amid concerns over stretched technology valuations.
