Thai stocks closed down 10.55 points, driven up crude oil prices and bond yields by factors from the Middle East. Watch for US inflation data.

Thai stocks closed today, September 11th, at 1,604.52 points, down 10.55 points, with a trading value of 71,213 million baht. The ongoing tensions in the Middle East have driven up crude oil prices and bond yields, putting significant pressure on the market. Additionally, investors may have engaged in risk-reduction selling ahead of the release of US inflation figures tonight.

The Stock Exchange of Thailand (SET) Index on September 11 closed at 1,604.52 points, down 10.55 points (-0.65%). Trading value was 71,213.01 million baht. Foreigners net sold 3,137.49 million baht, funds bought net 594.19 million baht.

Today, there were 9 securities traded in 12 big lot transactions. HUMAN had the highest value at 66.15 million baht, with an average price of 4.03 baht per share.

Mr. Chaiporn Nompitakcharoen, Managing Director of Securities Trading at Bualuang Securities, stated that the Thai stock market fell sharply today, following international stock markets. Investors are in a risk-off mood due to ongoing tensions in the Middle East and continued uncertainty. This has driven up crude oil prices, raising concerns about inflationary pressure and high US bond yields, all of which are weighing on risky assets.

In addition, it is expected that some investors chose to sell to reduce risk before the release of the US August CPI figures tonight, which is another factor putting pressure on the market. Although electronics component stocks, with the exception of DELTA, have risen due to high demand for technology investments, helping to support the index to some extent.

The trend for next week (September 14-18, 2569) will focus on the US August CPI figures tonight. If they are higher than expected, it could be a pressure factor on the stock market, but if they are lower than expected, it should be supportive. Also, watch the direction of the US stock market tonight. Resistance is at 1,610 points, and support is at 1,590 points.

5 securities with the highest trading value

• PTT trading value 7,364.61 million baht, closed at 42.00 baht, price unchanged.
• KCE trading value 6,311.24 million baht, closed at 66.00 baht, an increase of 7.50 baht.
• DELTA Trading value 4,072.85 million baht, closed at 264.00 baht, down 4.00 baht
• KBANK trading value 3,849.36 million baht, closing at 244.00 baht, down 1.00 baht.
• PTTEP trading value 3,764.71 million baht, closed at 153.50 baht, a decrease of 1.50 baht.

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