On Monday, Thailand’s SET Index closed the morning trading session at 1,622.04 points, showing an increase of 0.49 points or 0.03%, with a trading value of THB 43.09 billion.
Bualuang Securities (BLS) noted that the Thai stock market closed slightly higher in the morning session after initially declining at the open. The rebound was largely supported by gains in oil-related stocks, which benefited from renewed tensions in the Middle East following another clash between the United States and Iran.
Additionally, strong buying interest in banking stocks is projected to be driven by continued foreign fund inflows as well as anticipation ahead of the upcoming 2Q26 earnings reports, expected to begin rolling out this week. SCC also saw positive movements, attributed to optimism regarding investments in various projects and the approval of the THB 400 billion loan decree by the Constitutional Court.
Looking ahead, the market is expected to trade sideways within a range in the afternoon session, with resistance set at 1,630 points and support at 1,610 points.
The top five stocks by trading value were as follows:
- PTT: trading value THB 4.07 billion, closing at THB 37.50, unchanged
- SCB: trading value THB 3.15 billion, closing at THB 158.50, up THB 2.00 or 1.28%
- PTTEP: trading value THB 2.24 billion, closing at THB 141.50, up THB 2.00 or 1.43%
- KBANK: trading value THB 2.21 billion, closing at THB 235.00, up THB 3.00 or 1.29%
- KTB: trading value THB 2.10 billion, closing at THB 41.50, up THB 0.75 or 1.84%
