Bangkok: Thai stocks closed the morning session up 18.68 points, with the Stock Exchange of Thailand reaching 1,430.38 points, marking a 1.32% increase and a trading value of approximately 40,982 million baht.

According to Thai News Agency, analysts noted that the Thai stock market exceeded expectations, buoyed by positive developments in government formation, which now has over 300 votes. The market saw significant buying in DELTA, energy, and domestic stocks. Analysts pointed out that the index achieved its highest point in 14 months, driven by these developments. Despite the positive momentum, there is caution about potential profit-taking as the index nears 1,450 points. The afternoon trading session may see limited further upside, with resistance anticipated at 1,440 points and support at 1,420 points.