SET Index Tracks Regional Losses, Pressured by Middle East Uncertainty and DELTA Selloff

published 5 d ago · en · source ↗

Affected tickers

Per-ticker News Sentiment Indicator

AOTmacro · neutral · med
While the broader market faces pressure from "ongoing tensions in the Middle East", AOT showed resilience with a price increase despite the overall SET Index decline.
DELTAother · negative · high
The stock experienced heavy selling pressure, which the article explicitly identifies as the primary factor dragging the SET Index down by approximately 10 points.
KBANKmacro · neutral · high
The SET Index is experiencing downward pressure due to regional losses and Middle East uncertainty, though KBANK showed resilience with a slight price increase.
KCEmacro · neutral · med
The article highlights broader market pressure from Middle East uncertainty and regional trends, though KCE showed resilience with a slight gain despite the overall SET Index decline.
MAJORmacro · negative · med
The SET Index is facing downward pressure due to regional losses and geopolitical tensions in the Middle East, which negatively impacts overall market sentiment for stocks like MAJOR.
ORmacro · negative · med
The SET Index is facing downward pressure due to ongoing tensions in the Middle East and regional market declines, which negatively impacts overall market sentiment for stocks like OR.
PTTmacro · neutral · high
The article highlights that PTT remained unchanged despite broader market pressure from Middle East uncertainty and regional losses.

Article body

On Thursday, Thailand’s SET Index closed the morning trading session at 1,559.38 points, showing a decrease of 11.57 points or 0.74%, with a trading value of THB 37.95 billion. Maybank Securities (Thailand) noted that the Thai stock market trended downward this morning, moving in line with most other Asian markets following a significant rally in preceding sessions and leading to a consolidation phase. In addition, the ongoing tensions in the Middle East and the lack of clarity regarding peace negotiations between the United States and Iran continued to cast a shadow of concern over the market. The Thai bourse faced major downward pressure from heavy selling in DELTA, which dragged the index down by approximately 10 points. Stocks in the power generation sector, which had previously experienced gains, also faced profit-taking activity. With few new catalysts in sight and the SET Index having risen considerably already, upside potential appears increasingly limited. For the afternoon trading session, the Thai stock market is expected to remain in negative territory. Resistance is projected at 1,570 points, while support is seen at 1,550 points. For the stocks with the highest trading value today: DELTA: trading value of THB 4.00 billion, closing at THB 344.00, down THB 10.00 or 2.82% KBANK: trading value of THB 2.45 billion, closing at THB 199.00, up THB 0.50 or 0.25% AOT: trading value of THB 1.78 billion, closing at THB 55.25, up THB 0.75 or 1.38% PTT: trading value of THB 1.67 billion, closing at THB 36.50, unchanged KCE: trading value of THB 1.50 billion, closing at THB 36.75, up THB 0.25 or 0.68%