Thai stocks closed up 20.09 points, boosted by the near-deal between the US and Iran, as investors await the stance of the new Federal Reserve chairman.

Thai stocks closed today, June 12th, at 1,592.41 points, up 20.09 points, with a trading value of 67,381 million baht. The rally was boosted by hopes of a US-Iran peace deal and the impending reopening of the Strait of Hormuz, which helped to reduce inflationary pressure on oil prices. Investors are awaiting the Federal Reserve meeting next week, particularly its monetary policy stance.

The Stock Exchange of Thailand (SET) index closed at 1,592.41 points on June 12, up 20.09 points (+1.28%). Trading volume was 67,381.65 million baht. Foreign investors were net buyers of 4,476.90 million baht, while institutional investors were net sellers of 30.63 million baht.

Today, there were 17 securities traded in 23 big lot transactions. PTTGC had the highest value at 1,348.30 million baht, with an average price of 33.71 baht per share.

Mr. Wathan Jitsomnuk, Director of Securities Analysis, Phai Securities It was stated that the Thai stock market index performed well today, driven by expectations of negotiations between the United States and Iran. This followed President Donald Trump's statement last night that the US and Iran might sign a peace agreement soon, resulting in a strong rebound in the US stock market.

Furthermore, recent news reports this afternoon indicate that negotiations between the US and Iran include Iran's potential reopening of the Strait of Hormuz. This resulted in a sharp drop in crude oil prices, supporting a recovery in other assets. It also reduced inflationary pressure and may encourage the Federal Reserve (Fed) to maintain interest rates. Today's gains were distributed across various sectors, particularly electronics components, tourism, and banking.

Trends for next week (June 15-19, 2569) The index is expected to continue rising due to strong market momentum. However, the Federal Reserve meeting needs to be monitored, as interest rates are expected to remain unchanged. The market is awaiting the stance of the new Fed chairman on monetary policy. Given the drop in crude oil prices, a potential easing of monetary policy may be the key factor. The support level is 1,570 points and the resistance level is 1,630 points.

5 securities with the highest trading value

• DELTA trading value 7,082.67 million baht, closed at 363.00 baht, an increase of 5.00 baht
• KBANK trading value 3,673.18 million baht, closed at 203.00 baht, increased by 5.50 baht
• GULF trading value 3,535.48 million baht, closed at 64.00 baht, an increase of 1.25 baht.
• SCB trading value 3,351.81 million baht, closed at 140.00 baht, an increase of 2.50 baht.
• ADVANC trading value 3,102.72 million baht, closed at 366.00 baht, an increase of 7.00 baht

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