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Just caught the thailand stock market news today - SET's been on a solid run these past few days. We're talking almost 40 points up, roughly 2.6 percent gain across three straight sessions. Market's sitting just above 1,515 now and honestly looks ready to push higher again tomorrow.
Wednesday was pretty clean across the board. Index jumped 25.61 points to land at 1,516.01, which is a 1.72 percent move. Food, industrial, property, tech - all contributing to the upside. Volume was decent too at 12.3 billion shares. More gainers than losers, which is always a good sign. Some of the big movers: PTT Global Chemical absolutely flew with a 5.61 percent spike, Siam Concrete jumped 2.7 percent, and both Advanced Info and Banpu were up 2.54 percent.
The broader picture helping thailand stock market performance is the strength coming from Wall Street. US markets were solid Wednesday - tech stocks especially leading the charge. Nvidia's earnings beat expectations which always gets the software sector moving. That kind of momentum tends to carry into Asian trading, so we could see similar strength continue through the week.
Industrial production data drops later today for Thailand, so that might add some flavor to today's session. Overall, the setup looks constructive for continued gains in the thailand stock market.