Thailand’s SET Index closed at 1,405.76 points, increased 22.79 points or 1.65%, with a trading value of THB 68.21 billion. The analyst stated that the Thai market rebounded along with regional trends due to temporarily subsided concerns over the Middle East situation, and the decline in global oil prices. Additionally, there were buying forces in stocks that were offloaded in the previous sessions, particularly DELTA, which led today’s rally.
The analyst recommends that investors closely monitor the Middle East as the circumstances remain unresolved.
Saudi Aramco cautioned that extended shipping interruptions in the Strait of Hormuz could severely destabilize global oil markets. The warning comes as the ongoing conflict in Iran continues to impact critical shipping routes, raising concerns among investors about supply security and wider economic consequences.
True Corporation Public Company Limited (SET: TRUE) has revealed a significant vision that will transform the image of the telecommunications business—from fierce competition through price wars and user acquisition—towards a full transformation into a technology company (Telco-Tech Company). This comes under the three-year “4 Big Moves” strategy, which aims not only at superficial growth but at laying the foundation for robust and sustainable profits.
The Siam Cement Public Company Limited (SET: SCC) has reaffirmed the group’s strong financial position to manage prolonged disruptions from the Middle East conflicts, after the company announced a temporary suspension of Rayong Olefins’ operation.
