On Wednesday, Thailand’s SET Index closed the morning trading session at 1,508.05 points, representing an increase of 17.95 points or 1.20%, with a trading value of THB 43.30 billion.
According to Asia Plus Securities, the Thai stock market rose above the 1,500-point level, in line with the positive movements seen in other Asian and U.S. stock markets. The main factor supporting this uptrend was the decision by the U.S. President to order a suspension of the Freedom Project operation.
Additionally, both the United States and Iran have signaled intentions to pursue peace negotiations, helping to ease concerns over Middle East tensions and improving global stock market sentiment.
The Thai bourse benefited from buying in large-cap stocks, led by DELTA, which was supported by strong first-quarter results from U.S. semiconductor and AI-related stocks. Furthermore, sectors previously pressured by high oil prices, such as power generation and tourism, also rebounded in the morning after a decline in global oil prices.
Looking ahead to the afternoon, Asia Plus expects the Thai stock market to maintain its upward trend, with a resistance level at 1,515 points and a support level at 1,490 points.
The five stocks with the highest trading value were as follows:
- DELTA: trading value of THB 4.37 billion, closing at THB 319.00, up THB 9.00 or 2.90%
- PTT: trading value of THB 2.80 billion, closing at THB 35.75, down THB 0.75 or 2.05%
- GULF: trading value of THB 2.29 billion, closing at THB 59.25, up THB 1.75 or 3.04%
- ADVANC: trading value of THB 1.97 billion, closing at THB 343.00, up THB 3.00 or 0.88%
- KBANK: trading value of THB 1.78 billion, closing at THB 195.50, up THB 2.00 or 1.03%
