Mr. Weerawat Wirojphoka, Senior Director of FSS International Investment Advisory Securities (FSSIA), stated that the Stock Exchange of Thailand (SET) Index closed the morning session higher by 0.33%, or 4.38 points, at 1,321.94 points, after received significant support from DELTA, which continued its strong rally, as well as from electronic components stocks that rose in line with technology stocks abroad.
Additionally, the market was bolstered by the case of President Donald Trump, who announced that a framework agreement with NATO regarding Greenland had been established.
However, this morning, the momentum of the SET Index subsided after rising continuously for six days by more than 80 points, as stocks across various sectors had driven the rise. But today, gains were concentrated in just a few stocks, and in the short term, the market is starting to slow down.
For the afternoon outlook, the market is expected to remain volatile but should still be able to stay in positive territory. It is recommended to follow movements of DELTA, with key support levels for SET Index at 1,300-1,310 points and resistance at 1,330-1,345 points.
The top five securities by trading value in the morning session are as follows:
- Delta Electronics (Thailand) PCL (SET: DELTA): Trading value THB 3.86 billion, closed at THB 192.50 per share, up THB 6.00 or 3.22%.
- Kasikornbank PCL (SET: KBANK): Trading value of THB 2.84 billion, closing at THB 189.00 per share, unchanged.
- Bangkok Bank PCL (SET: BBL): Trading value THB 2.60 billion, closed at THB 160.50 per share, unchanged.
- Krungthai Bank PCL (SET: KTB): Trading value of THB 2.32 billion, closing at THB 29.00 per share, up THB 1.25 or 4.50%.
- PTT Exploration and Production PCL (SET: PTTEP): Trading value THB 1.42 billion, closed at THB 117.50 per share, down THB 1.00 or 0.84%.
