On Friday, Thailand’s SET Index closed the morning trading session at 1,592.26 points, showing a decrease of 2.53 points or 0.16%, with a trading value of THB 40.70 billion.
Maybank Securities (Thailand) noted that the Thai stock market traded within a narrow range during the morning session, despite selling pressure in the electronics component stocks, particularly in DELTA, which experienced declines in line with negative sentiment in the technology sector.
However, the market continued to receive support from sector rotation into laggard groups with strong fundamentals and attractive valuations, such as the hospital, hotel, and airline sectors, cushioning the overall index.
For the afternoon session, the outlook remains for the market to continue trading within a narrow range as investors await U.S. labor data scheduled for release tonight. The brokerage sets the resistance level at 1,600 points and the support level at 1,585 points.
The five stocks with the highest trading values were as follows:
- GULF: trading value of THB 3.00 billion, closing at THB 67.75, up THB 0.50 or 0.74%
- DELTA: trading value of THB 2.43 billion, closing at THB 349.00, down THB 7.00 or 1.97%
- BH: trading value of THB 1.92 billion, closing at THB 183.00, up THB 6.00 or 3.39%
- KBANK: trading value of THB 1.86 billion, closing at THB 203.00, unchanged
- MINT: trading value of THB 1.49 billion, closing at THB 22.70, up THB 0.50 or 2.25%
