On Monday at 10:00 AM (Bangkok time), Thailand’s SET Index stood at 1,562.96 points, marking a decline of 19.64 points or 1.24%, with a total trading value of THB 6.15 billion. The top three stocks by trading value were DELTA, PTT, and GULF.
Krungsri Securities (KSS) assessed that the Thai stock market is likely to undergo a correction today, providing resistance levels at 1,592 and 1,598 points, and support levels at 1,560 and 1,540 points.
The short-term investment sentiment for risk assets remains negative, with the main source of pressure being the May 2026 U.S. nonfarm payroll data, which came in higher than expected. This has led the market to renew concerns about a prolonged high-interest rate cycle, pushing the 10-year U.S. bond yield back above 4.5%, thereby applying pressure on global equity markets.
Additionally, investors are recommended to monitor ongoing geopolitical uncertainties in the Middle East after Iran resumed retaliatory actions against Israel.
On the technology front, there is also market speculation that NVIDIA may reduce the memory capacity in its new Vera Rubin chips, which could dampen the optimistic outlook for investments in AI-themed and tech stocks.
