SET Index Declines on Large-Cap Selling and Fears Over Middle East Tensions

published 2 d ago · en · source ↗

Affected tickers

ADVANC AOT BBL DELTA GLOBAL HANA KCE OR PTT SCB TISCO

Per-ticker News Sentiment Indicator

ADVANCmacro · neutral · med
While the broader SET Index faced pressure from Middle East tensions, ADVANC showed resilience with a price increase of 1.33% despite the market's overall negative sentiment.
AOTmacro · negative · med
AOT is facing downward pressure due to heavy selling in large-cap stocks and broader market concerns regarding Middle East tensions.
BBLmacro · neutral · med
The banking sector faced pressure from heavy selling in large-cap stocks, though BBL showed resilience with a slight price increase despite broader market volatility and Middle East tensions.
DELTAmacro · negative · med
DELTA is facing downward pressure due to heavy selling in large-cap stocks and a consolidation phase in the global technology sector.
GLOBALmacro · negative · med
The SET Index is under pressure from Middle East tensions and broad market selling, which negatively impacts sentiment for large-cap stocks like GLOBAL.
HANAmacro · positive · med
HANA shares showed resilience due to positive sentiment from China’s June export figures, which grew year-on-year and exceeded market expectations.
KCEmacro · positive · med
KCE shares showed resilience due to positive sentiment from China’s June export figures, which grew year-on-year and exceeded market expectations.
ORmacro · positive · med
The article notes that buying interest rotated into upstream energy stocks in response to a sharp increase in oil prices, which benefits OR.
PTTmacro · positive · med
PTT is benefiting from a rotation into upstream energy stocks as the market reacts to a sharp increase in oil prices.
SCBmacro · negative · med
SCB faced downward pressure due to heavy selling in large-cap stocks and broader market concerns regarding Middle East tensions.
TISCOearnings_beat · neutral · med
TISCO's 2Q26 earnings were in line with market expectations, leading to 'sell on fact' activity despite the results meeting projections.

Article body

On Tuesday, Thailand’s SET Index closed the morning trading session at 1,621.11 points, showing a decrease of 6.79 points or 0.42%, with a trading value of THB 43.62 billion. Yuanta Securities (Thailand) stated that the Thai stock market opened this morning under pressure from heavy selling in large-cap stocks, notably DELTA, AOT, and the banking sector. The market is experiencing a correction due to an outflow of funds following a period of continued investment in Thai equities. Notably, foreign investors recorded their lowest net buying in eight days on Monday. Meanwhile, TISCO’s 2Q26 earnings were in line with market expectations, prompting some ‘sell on fact’ activity. The investment atmosphere has also been negatively impacted by the renewed severity of conflict in the Middle East, while the global technology sector is in a consolidation phase, exerting downward pressure on DELTA. However, shares such as HANA and KCE have experienced only limited declines, buoyed by positive sentiment from China’s June export figures, which grew year-on-year and exceeded market expectations. Across today’s morning trading session, buying interest rotated into upstream energy stocks, supporting the index in response to a sharp increase in oil prices. For the afternoon session, the market is expected to continue fluctuating in negative territory, largely dependent on developments in the Middle East and the movement of crude oil prices. Support is anticipated in the range of 1,610–1,612 points, with resistance at 1,622 points. The five stocks with the highest trading value are as follows: SCB: trading value THB 2.69 billion, closing at THB 157.50, down THB 1.00 or 0.63% ADVANC: trading value THB 2.43 billion, closing at THB 381.00, up THB 5.00 or 1.33% DELTA: trading value THB 2.26 billion, closing at THB 306.00, down THB 7.00 or 2.24% PTT: trading value THB 2.13 billion, closing at THB 37.75, unchanged BBL: trading value THB 2.02 billion, closing at THB 198.50, up THB 1.00 or 0.51%