On Monday, Thailand’s SET Index closed the morning trading session at 1,574.10 points, showing a decrease of 3.55 points or 0.23%, with a trading value of THB 30.37 billion.
Pi Securities wrote that the Thai stock market trended lower this morning due to a lack of new drivers to push the index. Investors are awaiting the release of quarterly results from listed companies both domestically and internationally.
In Thailand, financial statements for the banking sector will be announced gradually, while investors are focused on AI and technology stocks abroad. Additionally, this week’s trading overlaps with a long holiday, which may result in lighter investment activity.
This morning, stocks in the refinery and petrochemical sectors declined, following a drop in crude oil prices. This occurred despite ongoing conflict between the United States and Iran. Recently, President Donald Trump revealed that Russia and Ukraine have reached an agreement on an energy truce.
For the afternoon session, the index is expected to move within a range, with support at 1,565 points and resistance at 1,582 points.
The five stocks with the highest trading value are as follows:
- KBANK: trading value THB 2.50 billion, closing at THB 231.00, up THB 3.00 or 1.32%
- SCC: trading value THB 1.74 billion, closing at THB 266.00, down THB 2.00 or 0.75%
- KTB: trading value THB 1.59 billion, closing at THB 41.75, down THB 0.25 or 0.60%
- DELTA: trading value THB 1.51 billion, closing at THB 266.00, down THB 2.00 or 0.75%
- TOP: trading value THB 1.46 billion, closing at THB 71.50, down THB 3.75 or 4.98%
