Stocks Up 6.73 Pts, Bank Buying Supports Index, Iran-US Talks Watched

MGR Online•Economy•11h ago

Reader Briefing

Thai stock market edged higher in morning trade driven by bank stocks, with attention turning to Iran-US negotiations.

•The Stock Exchange of Thailand (SET) closed its morning session up 6.73 points at 1,444.82.
•Strong buying in the banking sector supported the index's positive movement.
•Investors are monitoring upcoming negotiations between Iran and the United States, creating caution.
•GDP forecast for Thailand in 2026 is expected to be revised upwards, benefiting bank shares.

•The Stock Exchange of Thailand (SET) closed its morning session at 1,444.82 points, an increase of 6.73 points (+0.47%).
•Trading value in the morning session was approximately 32,431.26 million baht.
•The banking sector saw a price increase, responding to the upward revision of Thailand's GDP forecast for 2026 and the upcoming dividend payment period.
•Energy stocks experienced selling pressure due to investor concerns about upcoming Iran-US discussions, leading to a cautious market sentiment.
•Trading volume is expected to decrease in the short term as some regional stock markets remain closed for the Lunar New Year.
•The afternoon session is expected to see the market fluctuate between gains and losses.
•KBANK had the highest trading value at 3,633.10 million baht, closing at 206.00 baht, up 7.00 baht.
•SCB had a trading value of 2,144.85 million baht, closing at 145.00 baht, up 3.00 baht.

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Stock Exchange of Thailand(ตลาดหลักทรัพย์ฯ)ℹ️

The Thai stock market operator.

UOB KayHian (Thailand) Public Company Limited(บล.ยูโอบี เคย์เฮียน (ประเทศไทย))

A securities brokerage firm providing analysis and services in the Thai financial market.

THCOM

A company whose stock price saw an increase, noted as being 'laggard' within the ICT group.

KBANK

A bank whose stock had the highest trading value, closing at 206.00 baht, up 7.00 baht.

SCB

A bank whose stock had significant trading value, closing at 145.00 baht, up 3.00 baht.

PTT

An energy company whose stock closed at 35.75 baht, unchanged.

GULF

A company whose stock closed at 60.75 baht, up 1.00 baht.

KTB

A bank whose stock closed at 32.00 baht, up 1.00 baht.

Kitpachorn Praipaisarnkij(กิจพณ ไพรไพศาลกิจ)

Vice Managing Director of Securities Analysis at UOB KayHian (Thailand) Public Company Limited, providing analysis on the Thai stock market.

Iran(อิหร่าน)ℹ️

A country whose upcoming negotiations with the US are a point of concern for investors.

United States(สหรัฐ)ℹ️

A country whose upcoming negotiations with Iran are a point of concern for investors.

Thailand's GDP forecast for 2026(GDP ของไทยในปี 69)

An economic indicator for Thailand in the year 2026 that is expected to be revised upwards, positively impacting the banking sector.