On Monday, Krungthai XSpring Securities expects the Thai stock market to trade sideways, with investors weighing ongoing uncertainty surrounding the Middle East. Market sentiment remains cautious as the situation fluctuates, particularly after Iran decided to re-seal the Strait of Hormuz. Further developments are anticipated as negotiations between the United States and Iran are still pending.
This week, several major banks on the Thai bourse are scheduled to go ex-dividend (XD) amid the gradual release of the sector’s first-quarter 2026 operating results, which could influence trading activity.
The brokerage identified the resistance level at 1,500 points and support at 1,470 points.
On Friday, Thailand’s SET Index closed at 1,482.45 points, decreased 7.28 points or 0.49%, with a trading value of THB 56.99 billion.
