Thailand’s SET Index closed at 1,542.34 points, decreased 16.21 points or 1.04%, with a trading value of THB 66.47 billion. The analyst stated that the Thai market plunged along with the regional markets’ trend, with DELTA weighing for over 20 points.
Excluding DELTA, the market moved in a positive territory, with clear signs of fund inflows toward stocks in the Domestic Play theme.
For next week, the analyst expects the Thai market to move sideways, while cautioning volatility on specific stocks, due to rollover effects from the derivatives market and the SET50 and SET100 portfolio adjustments.
South Korea’s equity markets experienced sharp declines, prompting a temporary halt to trading for the second time this week. The Kospi index dropped as much as 9% during the trading session, with significant losses seen among key chip manufacturers. This followed a slump across global tech stocks amid concerns over AI cost concerns.
