Thailand’s SET Index closed the morning session on Thursday at 1,498.80 points, declining by 8.04 points or 0.53%, with a trading value of THB 51.54 billion.
Bualuang Securities (BLS) stated that the Thai stock market decreased during the morning session, primarily due to pressure from DELTA being placed under the Cash Balance restriction. This resulted in a decrease in its share price, dragging the index down by approximately 10 points.
Consequently, the overall performance of the Thai bourse contrasted with the upward trend seen in regional markets, which rose in line with the U.S. market following positive sentiment toward renewed negotiations between the United States and Iran.
Additionally, selling pressure also emerged on stocks linked to oil prices, reflecting a global decline in crude oil markets, adding further downward pressure on the index. However, other sectors, such as ICT, tourism, and industrial estates, provided support and helped prevent a deeper drop.
Looking ahead to the afternoon session, Bualuang expects the market to continue trading in negative territory, with resistance at 1,520 points and support at 1,480 points.
The top five stocks with the highest trading value were as follows:
- KBANK: trading value of THB 4.02 billion, closing at THB 190.50, down THB 1.50 or 0.78%
- SCC: trading value of THB 3.58 billion, closing at THB 223.00, up THB 9.00 or 4.21%
- ADVANC: trading value of THB 3.43 billion, closing at THB 367.00, up THB 4.00 or 1.10%
- PTTEP: trading value of THB 3.37 billion, closing at THB 145.00, down THB 6.50 or 4.29%
- SCB: trading value of THB 3.28 billion, closing at THB 145.50, unchanged from the previous session
