On Friday, Thailand’s SET Index closed the morning trading session at 1,509.63 points, showing an increase of 10.57 points or 0.71%, with a trading value of THB 37.90 billion.
FSS International Investment Advisory Securities (FSSIA) wrote that the Thai stock market performed better than expected in the morning session, despite earlier predictions of sideways movement, supported by strong buying interest in banking stocks, as well as in shares like DELTA and KCE.
The gains were buoyed by an increase in oil prices and a rebound in U.S. government bond yields, which made the banking sector more attractive, even in the absence of clear positive factors.
Additionally, over the past couple of days, listed companies have been releasing their 3Q26 earnings, which generally met or exceeded expectations. Notable performances came from HANA and CENTEL, as their results surpassed or matched expectations after previously reporting weaker earnings, supporting upward moves in some individual stocks.
For the afternoon session, the market is expected to remain in positive territory, with resistance projected at 1,515 points and support at 1,500 points.
Next week, Thailand’s National Economic and Social Development Council (NESDC) is scheduled to announce 3Q26 GDP figures, which the market anticipates will show growth above 3%, bolstered by the government’s ‘Thai Helps Thai Plus’ stimulus program over the past three months.
The top five stocks by trading value are as follows:
- KBANK: trading value THB 3.20 billion, closing at THB 255.00, up THB 9.00 or 3.66%
- PTT: trading value THB 2.17 billion, closing at THB 38.25, unchanged
- BBL: trading value THB 1.83 billion, closing at THB 184.00, up THB 2.00 or 1.10%
- KTB: trading value THB 1.71 billion, closing at THB 43.75, up THB 1.00 or 2.34%
- CPALL: trading value THB 1.42 billion, closing at THB 49.00, unchanged
