SET Index Edges Up on Tech Momentum and Easing Middle East Concerns

On Thursday, Thailand’s SET Index closed the morning trading session at 1,533.86 points, showing an increase of 5.43 points or 0.36%, with a trading value of THB 29.30 billion.

Bualuang Securities (BLS) wrote that the Thai stock market exhibited an upward trend in the morning session, tracking gains seen in global equities. The positive sentiment was largely driven by advances in semiconductor and technology stocks, following an exceptionally strong first-quarter earnings release from Nvidia.

This has reinforced market confidence in sustained high demand for investments in artificial intelligence and data centers, which continues to provide support for related stocks, particularly DELTA.

At the same time, short-term concerns over tensions in the Middle East have eased. This comes after U.S. President Donald Trump revealed that negotiations with Iran are now in their final stage. The news contributed to a decline in oil prices and a decrease in U.S. bond yields, both of which are supportive factors for equity markets.

For the afternoon session, the market is expected to trade within a range, with resistance estimated at 1,550 points and support at 1,520 points.

The five highest-trading securities by value were:

  • DELTA: trading value of THB 2.56 billion, closing at THB 327.00, up THB 4.00 or 1.24%
  • HANA: trading value of THB 1.55 billion, closing at THB 34.00, down THB 0.50 or 1.45%
  • TIDLOR: trading value of THB 1.47 billion, closing at THB 17.80, up THB 1.70 or 10.57%
  • ADVANC: trading value of THB 1.29 billion, closing at THB 364.00, down THB 4.00 or 1.09%
  • KBANK: trading value of THB 1.29 billion, closing at THB 197.00, down THB 1.50 or 0.76%