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Stocks Up 4.40 Points Led by DELTA, GULF, KBANK; Value Stocks Attract Capital

Stocks Up 4.40 Points Led by DELTA, GULF, KBANK; Value Stocks Attract Capital

MGR Online•Economy•1d ago

Reader Briefing

Thai stock market showed morning gains, boosted by DELTA, GULF, and KBANK, despite profit-taking pressures, with investor capital shifting towards value stocks.

  • •The Stock Exchange of Thailand (SET) index closed the morning session higher by 4.40 points.
  • •Strong performance from DELTA, GULF, and KBANK contributed to the market's upward movement.
  • •Investor sentiment was positively influenced by the high probability of a stable government formation.
  • •There was a noticeable shift of capital towards value stocks, away from growth stocks, due to concerns about AI bubbles and disruption.

Overview

  • •The Stock Exchange of Thailand closed its morning session on the specified date at 11,434.81 points.
  • •The morning trading session saw an increase of 4.40 points, representing a +0.31% change.
  • •Trading value during the morning session was approximately 29,978.18 million baht.
  • •The market movement was influenced by the high probability of stable government formation.
  • •DELTA shares rose following the release of Q4/68 earnings that slightly exceeded market expectations.
  • •KBANK and GULF shares increased due to GULF's tiến closer to increasing its stake, impacting the index positively.
  • •Thailand's GDP figures for Q4/68 were announced by the National Economic and Social Development Council (NESDC) as positive but with limited impact.
  • •The afternoon session is expected to trade similarly to the morning session, but with caution due to profit-taking potential.

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Key Entities

Organization

Delta(DELTA)
A company whose Q4/68 earnings drove its stock price increase.
Gulf(GULF)
A company whose stock price rose on news of increasing its stake, impacting the index.
Kasikornbank (KBANK)(KBANK)ℹ️
A bank whose stock price increased, contributing to the market's upward trend.
IRA Securities Public Company Limited(บล.ไอร่า)
A securities company providing analysis on the Thai stock market.
National Economic and Social Development Council (NESDC)(สภาพัฒน์)ℹ️
The government agency that announced Thailand's GDP figures.
Krungthai Bank (KTB)(KTB)ℹ️
A listed bank by trading value in the Thai stock market.
Bangkok Bank (BBL)(BBL)ℹ️
A listed bank by trading value in the Thai stock market.
True Corporation Public Company Limited (TRUE)(TRUE)ℹ️
A listed company by trading value in the Thai stock market.

Person

Narongdej Chanthra-paisarn(นายณรงค์เดช จันทรไพศาล)
Director of Securities Analysis at IRA Securities Public Company Limited.