Mr. Chaiyaporn Nompitakcharoen, Managing Director of Sales & Trading Business at Bualuang Securities, stated that the Stock Exchange of Thailand (SET) Index closed the morning session higher by 1.79%, or 23.38 points, at 1,330.45 points, similar to other Asian stock markets that followed the upward trend of the U.S. stock market. This is a rebound after the decline yesterday.
The positive sentiment from the rise in the United States technology stocks last night has benefited related stocks in the local market, especially DELTA, which is the main driving force. At the same time, there is additional buying pressure in other large-cap stocks, supported possibly by returning foreign investors. Another factor may be speculation from the Election Rally.
For the afternoon session, the market trend is expected to continue trading in positive territory, with resistance at 1,340 points and support at 1,310 points.
The top five securities by trading value in the morning session are as follows:
- Delta Electronics (Thailand) PCL (SET: DELTA): Trading value THB 3.08 billion, closed at THB 207.00 per share, up THB 14.00 or 7.25%.
- PTT PCL (SET: PTT): Trading value THB 2.90 billion, closed at THB 34.25 per share, up THB 0.75 or 2.24%.
- True Corporation PCL (SET: TRUE): Trading value THB 2.08 billion, closed at THB 11.20 per share, up THB 0.10 or 0.90%
- SCB X PCL (SET: SCB): Trading value THB 1.83 billion, closed at THB 137.50 per share, up THB 2.50 or 1.85%.
- Advanced Info Service PCL (SET: ADVANC): Trading value THB 1.58 billion, closed at THB 351.00 per share, up THB 4.00 or 1.15%.
