On Monday, Thailand’s SET Index closed the morning trading session at 1,551.80 points, showing an increase of 13.13 points or 0.85%, with a trading value of THB 41.12 billion.
Asia Plus Securities noted that the Thai stock market performed positively in the morning session, as concerns over tensions in the Middle East eased further following reports that the United States and Iran are close to reaching an agreement.
While some uncertainties remain, this development has helped improve overall market sentiment. Additionally, a decline in oil prices has contributed to easing inflationary worries, providing further support.
The stocks supporting the index this morning were primarily from the electronics components sector, as well as power plant and tourism-related stocks. There were also positive domestic factors, including the first day of registration for the ‘Thai Chuay Thai Plus’ program, which has raised market expectations for further economic stimulus.
For the afternoon session, the Thai bourse is expected to remain in positive territory, with a resistance level at 1,560 points and support at 1,540 points.
The five securities with the highest trading value were:
- CCET: trading value of THB 3.32 billion, closed at THB 9.25, up THB 1.30 or 16.35%
- DELTA: trading value of THB 3.00 billion, closed at THB 337.00, up THB 5.00 or 1.51%
- GULF: trading value of THB 2.16 billion, closed at THB 62.00, up THB 1.25 or 2.06%
- HANA: trading value of THB 1.56 billion, closed at THB 38.00, up THB 2.75 or 7.80%
- TRUE: trading value of THB 1.54 billion, closed at THB 13.80, unchanged
