SET Index Maintains Upward Momentum Amid Banking Pressure and Middle East Uncertainty

published 2 d ago · en · source ↗

Affected tickers

Per-ticker News Sentiment Indicator

GULFother · positive · med
GULF experienced notable buying interest as part of a sector rotation into power plant stocks, resulting in a share price increase of 1.12%.
KBANKother · negative · med
KBANK shares faced pressure due to sell-on-fact activity following second-quarter results, resulting in a price decline of 1.68%.
KTBmacro · negative · med
The banking sector faced mild pressure due to sell-on-fact activity following second-quarter results, contributing to a decline in KTB's share price.
ORmacro · neutral · high
The article discusses general market movements and geopolitical tensions without providing any company-specific news or material developments regarding OR.
PTTmacro · neutral · med
The article reports PTT's share price decline as part of general market movement amid ongoing geopolitical tensions in the Middle East.
SCBother · negative · med
SCB experienced a price decline of 0.95% due to sector-wide sell-on-fact activity following second-quarter results, despite the broader market showing upward momentum.
TOPmacro · neutral · med
The article discusses general market movements and geopolitical tensions in the Middle East, which may impact energy stocks like TOP, but provides no specific news regarding the company.

Article body

On Tuesday, Thailand’s SET Index closed the morning trading session at 1,651.45 points, showing an increase of 5.45 points or 0.33%, with a trading value of THB 53.60 billion. Bualuang Securities (BLS) wrote that the Thai stock market experienced a range-bound movement in the morning session but continued to edge upward. The market saw a sector rotation, with notable buying interest focused on electronics, power plant, and ICT stocks. Notably, the banking sector, despite several institutions reporting strong results in the second quarter of 2026, faced mild pressure due to sell-on-fact activity. The brokerage noted that no new significant developments were observed, while geopolitical tensions in the Middle East persist. Although mediators have proposed a temporary ceasefire, the situation remains unclear. Looking ahead to the afternoon session, the market is expected to continue trading sideways within range, with resistance at 1,660 points and support at 1,640 points. For the top five securities by trading value: KBANK: trading value of THB 4.89 billion, closing at THB 234.00, down THB 4.00 or 1.68% GULF: trading value of THB 3.92 billion, closing at THB 68.00, up THB 0.75 or 1.12% KTB: trading value of THB 3.73 billion, closing at THB 42.00, down THB 0.25 or 0.59% SCB: trading value of THB 2.99 billion, closing at THB 157.00, down THB 1.50 or 0.95% PTT: trading value of THB 2.31 billion, closing at THB 39.00, down THB 0.25 or 0.64%