Thailand's SET Index Gains Over 2% as Markets Rally

The Stock Exchange of Thailand closed higher for a second consecutive session, adding roughly 30 points (about 2%) to the benchmark. The SET index rose 1.28% to finish at 1,592.41, with a trading volume of 11.055 billion shares worth 67.381 billion baht.

Broad gains were seen in food, finance, property, services and technology stocks. Notable movers included Advanced Info (+1.95%), Thailand Airport (+4.04%), Asset World (+3.36%), Bangkok Bank (+2.37%), Bangkok Expressway (+4.81%) and several PTT‑related companies, which posted mixed results.

The rally was supported by global optimism about a possible end to the Middle‑East conflict and a U.S.–Iran memorandum on reopening the Strait of Hormuz, which helped push crude oil prices lower. U.S. markets also rose, with the Dow up 0.70% and the Nasdaq gaining 0.31%. Investors watched SpaceX’s debut IPO, which jumped 19.3% on the day.