The Baht rose and the SET closed above 1,500 points, supported by news of US–Iran peace talks

•    The Thai stock market rose throughout the week as the market partially eased concerns over tensions in the Middle East.
        The SET Index climbed from the first trading day after the long holiday, supported by buying from foreign investors and proprietary trading accounts, in line with other bourses. The key driver was news reports that the US and Iran agreed to a two-week ceasefire. Although uncertainty remains, it is considered a positive sign and helped ease some concerns about the situation in the Middle East, resulting in buying interest in several sectors. 
        The SET Index continued to rise and moved back above 1,500 points towards the end of the week, supported by continued buying in electronics component stocks. However, bank stocks fell against the market due to profit-taking ahead of the 1Q-2026 earnings announcements. Meanwhile, the market continued to closely monitor peace negotiations between the US and Iran.
•    On Friday, April 10, 2025, the SET closed at 1,506.84 points, up 3.63 percent over-week. The average daily trading value was THB54,827.66 million, down 11.63 percent over-week. The mai closed at 216.01 points, down 0.32 percent over-week.
•    During April 13-17, 2026, KSecurities expects the SET to have support at 1,490 and 1,470 points, but resistance at 1,520 and 1,540 points, respectively. KResearch advises investors to watch key factors, including 1Q-2026 performance results of Thailand’s listed companies, developments in the Middle East, and foreign capital flows. US economic data that warrants close monitoring includes March Existing Home Sales, PPI and Industrial Production, plus weekly jobless claims. Other important overseas economic indicators to monitor include China’s GDP report for 1Q-2026 and March economic data, Japan’s and Eurozone’s February Industrial Production, plus Eurozone’s March CPI.