Bangkok: Thai stocks closed the morning session up 17.46 points. The Stock Exchange of Thailand ended this morning at 1,497.17 points, marking a rise of 17.46 points or 1.18%, with a trading value of approximately 40,534 million baht.
According to Thai News Agency, analysts attributed the sharp rise in the stock market to alleviated concerns about US tariffs. This development led to a rebound in the electronics components and export sectors, with DELTA experiencing a significant surge. Additionally, Thailand's impressive January export figures, which rose 24.4% and exceeded expectations, contributed to pushing the index closer to the 1,500 point mark this morning. Market analysts anticipate that the market will remain stable in the afternoon, with support expected at 1,490 points and resistance at 1,505 points.