SET Index Edges Up on Tech Momentum and Easing Middle East Concerns

published 3 d ago · en · source ↗

Affected tickers

ADVANC DELTA GLOBAL HANA KBANK NOW NVDA OR TIDLOR

Per-ticker News Sentiment Indicator

HANAmacro · positive · med
The article highlights positive momentum in semiconductor and technology stocks driven by strong global demand for AI and data centers, which supports the sector.
DELTAmacro · positive · med
Strong earnings from Nvidia and sustained demand for AI and data centers provide positive momentum for DELTA as a related technology stock.
KBANKmacro · neutral · high
The article discusses general market movements driven by global tech trends and geopolitical easing, while KBANK's price movement is mentioned as a minor decline without specific company news.
NVDAearnings_beat · positive · high
The article highlights that global equity market gains were driven by an "exceptionally strong first-quarter earnings release from Nvidia".
ORmacro · neutral · med
The article highlights a decline in oil prices due to easing Middle East tensions, which generally impacts the retail and fuel business of OR.
TIDLORother · positive · med
TIDLOR experienced a significant price increase of 10.57% during the session, reflecting strong market momentum despite the broader index being driven primarily by technology stocks.
ADVANCother · neutral · high
The article reports on general market movements and lists ADVANC among the top trading securities, but provides no specific company-level news affecting the stock.
GLOBALmacro · neutral · high
The article discusses general SET Index movements driven by global tech momentum and easing Middle East tensions, providing no specific news or material impact for GLOBAL.
NOWother · neutral · high
The article focuses on the Thai SET Index and local stocks, mentioning no material news or specific developments regarding ServiceNow Inc.

Article body

On Thursday, Thailand’s SET Index closed the morning trading session at 1,533.86 points, showing an increase of 5.43 points or 0.36%, with a trading value of THB 29.30 billion. Bualuang Securities (BLS) wrote that the Thai stock market exhibited an upward trend in the morning session, tracking gains seen in global equities. The positive sentiment was largely driven by advances in semiconductor and technology stocks, following an exceptionally strong first-quarter earnings release from Nvidia. This has reinforced market confidence in sustained high demand for investments in artificial intelligence and data centers, which continues to provide support for related stocks, particularly DELTA. At the same time, short-term concerns over tensions in the Middle East have eased. This comes after U.S. President Donald Trump revealed that negotiations with Iran are now in their final stage. The news contributed to a decline in oil prices and a decrease in U.S. bond yields, both of which are supportive factors for equity markets. For the afternoon session, the market is expected to trade within a range, with resistance estimated at 1,550 points and support at 1,520 points. The five highest-trading securities by value were: DELTA: trading value of THB 2.56 billion, closing at THB 327.00, up THB 4.00 or 1.24% HANA: trading value of THB 1.55 billion, closing at THB 34.00, down THB 0.50 or 1.45% TIDLOR: trading value of THB 1.47 billion, closing at THB 17.80, up THB 1.70 or 10.57% ADVANC: trading value of THB 1.29 billion, closing at THB 364.00, down THB 4.00 or 1.09% KBANK: trading value of THB 1.29 billion, closing at THB 197.00, down THB 1.50 or 0.76%