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Just checked the Thai stock market news today and the SET index is looking pretty solid. We're seeing three days of gains now, up almost 40 points or so, hovering just above 1,515. Closed yesterday at 1,516 with a solid 1.72% jump - that's the kind of move that gets traders' attention.
What caught my eye is the breadth of the rally. We had gains across food, industrial, property, services and tech sectors. Some of the bigger movers included Advanced Info and Banpu both up 2.54%, while PTT Global Chemical absolutely popped off with a 5.61% surge. On the flip side, Kasikornbank took a hit, dropping 2.24%. Volume was decent too - 12.3 billion shares traded.
The Thailand stock market news today is being pushed along by what's happening globally. Wall Street had a strong day yesterday with the Dow up 0.63%, NASDAQ jumping 1.26%, and the S&P 500 gaining 0.81%. Tech stocks especially were on fire - the software index spiked 3.1%. Nvidia beat earnings expectations pretty hard, which is fueling optimism across the sector.
Looking ahead for Thailand stocks, the consensus seems bullish. If global markets keep this momentum and tech continues to lead, we could see the Bangkok bourse extend these gains on the next session. The real question is whether this holds or if we see some profit-taking. Worth keeping an eye on the industrial production data coming out later today - December showed 2.52% growth year-over-year, so that's baseline to compare against.