Thailand’s SET Index closed at 1,474.40 points in the morning session, rising 26.26 points or 1.81%, with a trading value of THB 45.13 billion. Bualuang Securities (BLS) noted that the Thai bourse tracked gains in international markets, supported by positive signals regarding the potential cessation of conflict in the Middle East.
This follows the plan by U.S. President Donald Trump to withdraw military operations in Iran within the next two to three weeks without any conditions regarding the Strait of Hormuz, resulting in eased tensions and a shift in the market to a short-term risk-on mode.
Domestically, catalysts included the increased clarity of the new cabinet, which is preparing to proceed with its operations alongside launching new economic stimulus measures. These developments provided support for stocks linked to domestic consumption and investment.
The outlook for the afternoon session is expected to remain positive, with resistance level set at 1,480 points and support at 1,460 points.
The five securities with the highest trading value were as follows:
- DELTA: trading value THB 5.51 billion, closed at THB 275.00, up THB 16.00 or 6.18%
- PTTEP: trading value THB 2.63 billion, closed at THB 159.00, down THB 2.50 or 1.55%
- TRUE: trading value THB 2.26 billion, closed at THB 14.50, up THB 0.10 or 0.69%
- ADVANC: trading value THB 2.01 billion, closed at THB 372.00, down THB 1.00 or 0.27%
- KTB: trading value THB 1.71 billion, closed at THB 36.00, up THB 1.00 or 2.86%
