Mr. Natapon Khamthakrue, Assistant Managing Director of Securities Analysis at Yuanta Securities (Thailand), stated that the Stock Exchange of Thailand (SET) Index closed the morning session slightly higher by 0.56%, or 7.04 points, at 1,260.64 points, in line with the positive movements in regional markets.
The Thai bourse received key support from the rebound of DELTA after a sharp decline yesterday, as the share price reached a technical support level, following the parent company’s big lot sale at prices lower than the market.
Additionally, the index was bolstered by the energy sector, which tracked rising oil prices. The insurance group, particularly TLI, rose due to high dividend payouts and positive earnings, supported by the decision from the Office of Insurance Commission (OIC) to reduce the risk charge for investments in Thai equities.
For the afternoon outlook, the index is expected to continue moving in positive territory, with investors awaiting the U.S. Non-Farm Payrolls report. Tonight, attention will turn to the U.S. Supreme Court’s ruling on the legality of President Donald Trump’s tax measures, with the index support and resistance range set at 1,255 and 1,265 points, respectively.
The top five securities by trading value in the morning session are as follows:
- Delta Electronics (Thailand) PCL (SET: DELTA): Trading value THB 2.40 billion, closed at THB 167.50 per share, up THB 5.50 or 3.40%.
- Kasikornbank PCL (SET: KBANK): Trading value THB 1.08 billion, closed at THB 193.00 per share, down THB 1.50 or 0.77%.
- Krungthai Bank PCL (SET: KTB): Trading value THB 858.27 million, closed at THB 28.50 per share, down THB 0.25 or 0.87%.
- Bangkok Bank PCL (SET: BBL): Trading value THB 777.72 million, closed at THB 172.50 per share, down THB 1.00 or 0.58%.
- SCB X PCL (SET: SCB): Trading value THB 738.41 million, closed at THB 140.00 per share, down THB 0.50 or 0.36%.
