The Thai stock market collected just over a point on Thursday - but that was enough to stretch its winning streak to six sessions now, gathering more than 40 points or 3.8 percent in the process. The Stock Exchange of Thailand finished just above the 920-point plateau, and now investors are expecting additional upside at the opening of trade on Friday.
The global forecast for the Asian markets is cautiously optimistic, although the upside is likely limited by caution ahead of U.S. employment data later in the day. Technology and housing stocks are expected to provide support. The European markets were mixed but little changed and the U.S. bourses were firmly higher - and the Asian markets are also expected to track higher.
The SET finished slightly higher on Thursday on strength from the financial shares, while the energy stocks ended mixed.
For the day, the index added 1.20 points or 0.13 percent to finish at 920.54 after trading between 912.45 and 928.51. Volume was 9.704 billion shares worth 47.813 billion baht. There were 185 decliners and 174 gainers, with 138 stocks finishing unchanged.
Among the actives, energy giant PTT was down 0.74 percent, while coal miner Banpu added 1.29 percent, Siam Concrete eased 0.66 percent, Bangkok Bank gained 1.01 percent and Kasikornbank gathered 0.44 percent.
Wall Street offers a positive lead as stocks ended notably higher on Thursday ahead of the landmark jobs report following the release of upbeat data on pending home sales and weekly jobless claims.
Boosting sentiment was data from the National Association of Realtors showing a 5.2 percent increase in its pending home sales index in July. Economists had been expecting the index to come in unchanged.
The mood on Wall Street was also helped by a report from the Labor Department showing that initial jobless claims edged down to 472,000 in the week ended August 28, below the 475,000 estimated by economists.
Continued growth in August retail sales also helped to elevate risk appetite, with Target (TGT) reporting a 1.8 percent increase same-store sales, Saks' (SKS) sales rising by 1 percent, Kohl's (KSS) seeing 4.5 percent growth and sales by wholesaler Costco (COST) jumping by 7 percent.
In other corporate news, Hewlett Packard (HPQ) beat out rival Dell Inc. (DELL) in a bidding war for electronic storage firm 3Par (PAR), offering a winning bid of $33 per share, or a total of approximately $2 billion.
Additionally, fast food giant Burger King (BKC) closed markedly higher after the firm entered an agreement to be purchased by private capital firm 3G for $24 per share or nearly $4 billion, including debt.
The major averages all saw steady upside in the second half of the day, eventually ending near their best levels of the session. The Dow gained 50.63 points or 0.5 percent to end at 10,320.10, the NASDAQ advanced by 23.17 points or 1.1 percent to 2,200.01 and the S&P 500 rose by 9.81 points or 0.9 percent to 1,090.10.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.