On Monday, Thailand’s SET Index closed the morning trading session at 1,476.26 points, showing an increase of 10.56 points or 0.72%, with a trading value of THB 28.54 billion.
Pi Securities wrote that the Thai stock market rebounded strongly this morning, following gains in global markets, particularly those with a semiconductor sector. The Taiwanese stock market saw a sharp increase, and the U.S. Nasdaq began to rebound last Friday, with its futures remaining positive.
Last week, the market experienced panic selling due to concerns over potential U.S. regulations on AI and data center development. However, these concerns are considered to have only short-term psychological impact, as demand for data centers and AI continues to grow with ongoing investment.
While there is still some volatility in the technology sector, influenced by interest rate direction and specific factors, the level of volatility has begun to diminish. This morning, DELTA’s gains helped support the market, while the finance sector saw some profit-taking.
This afternoon, the Thai bourse is expected to remain in positive territory, with support at 1,470 points and resistance at 1,487 points.
The five securities with the highest trading values are as follows:
- DELTA: trading value THB 2.73 billion, closing at THB 183.50, up THB 6.50 or 3.67%
- KCE: trading value THB 2.46 billion, closing at THB 57.50, down THB 0.75 or 1.29%
- PTT: trading value THB 1.28 billion, closing at THB 38.50, up THB 0.25 or 0.65%
- GULF: trading value THB 1.17 billion, closing at THB 60.75, down THB 0.50 or 0.82%
- CPALL: trading value THB 1.14 billion, closing at THB 46.00, up THB 0.50 or 1.10%
