Mr. Chaiyaporn Nompitakcharoen, Managing Director of Sales & Trading Business at Bualuang Securities, stated that the Stock Exchange of Thailand (SET) Index closed the morning session lower by 1.39%, or 17.85 points, at 1,262.97 points, mainly pressured by DELTA after Delta International Holding sold a big lot of shares below the market price.
However, there was still buying pressure in banking stocks and oil-related stocks, which provided some support. Still, most Asian markets opened the morning session with declines following the U.S. stock market’s fall last night. Investors are also awaiting the U.S. non-farm payrolls report for December, to be released on Friday night.
The afternoon market outlook is expected to remain volatile in negative territory, 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 12.58 billion (including big lot), closed at THB 169.00 per share, down THB 17.00 or 9.14%.
- Kasikornbank PCL (SET: KBANK): Trading value THB 1.47 billion, closed at THB 195.50 per share, up THB 4.00 or 2.09%.
- Krungthai Bank PCL (SET: KTB): Trading value THB 954.38 million, closed at THB 29.00 per share, up THB 0.75 or 2.65%.
- SCB X PCL (SET: SCB): Trading value THB 794.53 billion, closed at THB 140.50 per share, up THB 1.00 or 0.72%.
- Airports of Thailand PCL (SET: AOT): Trading value THB 779.97 million, closed at THB 51.75 per share, up THB 0.50 or 0.98%.
