The Thai stock market showed a positive trend on March 26, 2025, closing at 1,190.36 points, which is an increase of 5.43 points or 0.46%. The trading value for the day reached 26,578.82 million baht, indicating a healthy level of market activity.
During the afternoon trading session, the index continued to fluctuate within a limited range, supported by buying interest in large-cap stocks. Notably, the stock of DELTA attracted significant buying pressure, contributing positively to the market's performance. Additionally, HMPRO saw increased activity due to favorable news surrounding its share buyback announcement, further bolstering investor confidence.
However, not all stocks followed this upward trend. The stock of TOP experienced selling pressure, primarily due to investor concerns regarding Samsung and Saipem's involvement in offshore construction projects, which have recently entered arbitration processes. This uncertainty surrounding TOP's future has made some investors wary, leading to a decline in its stock price.
In terms of trading volume, the top ten stocks with the highest trading activity on this day were highlighted. Among these, ITC led with a trading volume of 23,739,600 shares and a significant percentage comparison (CMPR) of 556.52. Despite this, ITC's last price stood at 14.90, reflecting a decline of 7.45%. Following closely was MASTER, with a trading volume of 5,653,000 shares, a CMPR of 523.98, and a last price of 24.50, down 8.41%.
HMPRO emerged as a strong performer with a trading volume of 114,255,000 shares, a CMPR of 390.36, and a last price of 8.40, which marked a gain of 9.09%. ICHI also saw considerable trading activity, with a volume of 8,955,900 shares and a last price of 12.20, although it experienced a slight drop of 1.61%. AIT rounded out the top five with a trading volume of 6,443,500 shares, a CMPR of 239.57, and a last price of 4.76, up 2.15%.
Meanwhile, in Vietnam, the VN Index closed at 1,326 points on the same day, down 5.8 points or 0.44%. The index initially surged to 1,340 points, reflecting a 7-point increase from the reference level, thanks to buying support from certain bank stocks such as TCB, VCB, and STB. However, as the morning session progressed, selling pressure from foreign investors began to impact the index negatively.
Despite occasional rebounds in the afternoon session, driven by rising prices of stocks like HPG, TCB, and GAS, the overall market sentiment remained weak. Analysts from VCBS noted that rising selling pressure has led to a cautious approach among investors. This volatility, characterized by large-cap stocks fluctuating between gains and losses, has adversely affected the performance of many other stocks.
In light of these developments, analysts recommend that investors adopt a selective approach when considering stock purchases. They suggested looking for stocks that are less impacted by broader market movements for short-term trading opportunities. Dragon Capital Securities (VDSC) added that while the market may have the potential to approach the 1,340 point mark again, current cash flow remains weak, indicating a lack of strong momentum.
As the trading day concluded, liquidity appeared to diminish compared to previous sessions, reflecting ongoing uncertainty in the market. The supply of stocks has also been pressuring investor sentiment, contributing to the cautious trading environment.
Looking ahead, VDSC expressed optimism about the potential for the market to gain points if cash flow improves in the next trading session. They emphasized the importance of monitoring market conditions closely as investors prepare for the trading days to come.
In summary, both the Thai and Vietnamese stock markets exhibited contrasting trends on March 26, 2025. While the Thai market managed to close in positive territory, buoyed by large-cap stocks, the VN Index faced challenges amid foreign selling and fluctuating investor sentiment. As always, investors are advised to remain vigilant and informed as market dynamics continue to evolve.
