Mr. Therdsak Thaveeteeratham, Executive Director of Asia Plus Securities, stated that the Stock Exchange of Thailand (SET) Index closed the morning session slightly higher by 0.21%, or 2.66 points, at 1,272.34 points, supported by buying in large-cap stocks, especially in the energy sector which benefited from rising oil prices following the U.S.’s move to block Venezuelan oil tankers, sparking geopolitical tensions.
At the same time, stocks related to tourism and domestic consumption also rose, further boosting the index. However, there was selling pressure on DELTA, which moved lower today and put some pressure on the index. Other Asian stock markets fluctuated between gains and losses this morning.
For the afternoon session, the Thai stock market is expected to trade within a range, with resistance at 1,280 points and support at 1,260 points.
The top five securities by trading value in the morning session are as follows:
- Delta Electronics (Thailand) PCL (SET: DELTA): Trading value THB 1.24 billion, closed at THB 177.00 per share, down THB 5.00 or 2.75%.
- PTT PCL (SET: PTT): Trading value THB 1.22 billion, closed at THB 31.75 per share, unchanged.
- Krungthai Bank PCL (SET: KTB): Trading value THB 780.97 million, closed at THB 28.25 per share, down THB 0.25 or 0.88%.
- Airports of Thailand PCL (SET: AOT): Trading value THB 777.26 million, closed at THB 54.75 per share, up THB 1.25 or 2.34%.
- Kasikornbank PCL (SET: KBANK): Trading value THB 638.77 million, closed at THB 192.50 per share, unchanged.
