The Thai stock market on Monday snapped the four-day winning streak in which it had gathered more than 20 points or 2.2 percent. The Stock Exchange of Thailand finished just below the 1,095-point plateau, and now investors are expecting continued softness when the market opens on Tuesday. The global forecast for the Asian markets is mixed with a hint of softness on profit taking after better than expected U.S. employment data boosted stocks in the previous session, while lingering concerns about the financial situation in Greece also may weigh. Airlines and technology stocks may see selling pressure, with oil companies providing a measure of support. The European markets ended slightly lower and the U.S. bourses were mixed but little changed, and the Asian markets are expected to split the difference.
The SET finished modestly lower on Monday as losses from the energy producers were limited by support from the financial sector.
For the day, the index shed 4.94 percent or 0.45 percent to finish at the daily low of 1,094.01 after peaking at 1,107.50. Volume was 4.220 billion shares worth 28.018 billion baht. There were 318 decliners and 184 gainers, with 132 stocks finishing unchanged.
Among the actives, energy giant PTT was down 0.58 percent, while PTT Global Chemicals shed 0.37 percent, coal miner Banpu added 0.33 percent, Bangkok Bank climbed 0.64 percent and Kasikornbank collected 1.56 percent.
The lead from Wall Street provides little guidance as stocks saw modest weakness on Monday as traders cashed in on recent gains after much better than expected jobs data drove stocks sharply higher last Friday. Selling pressure remained subdued, however, limiting the downside for the markets.
Lingering concerns about the financial situation in Greece also contributed to the pullback by stocks, as the debt-plagued nation missed a deadline on enacting reforms necessary to receive a new bailout from the European Union and the International Monetary Fund.
Nonetheless, stocks largely held on to bulk of their recent gains, as traders seemed reluctant to sell stocks and miss out on any further upside.
Among individual stocks, Humana (HUM) came under pressure after the health insurer raised its full year 2012 earnings guidance but the forecast still fell short of analyst estimates.
Micron Technology (MU) also moved lower on the day after the chip maker announced the appointment of Mark Durcan as CEO after its longtime Chairman and CEO Steven Appleton died in an airplane crash on Friday.
Meanwhile, shares of Hasbro (HAS) turned higher over the course of the trading day after the toy maker reported fourth quarter earnings that came in just above analyst estimates.
After moving notably lower at the open, the major averages regained some ground but still ended the day in the red. The Dow edged down 17.10 points or 0.1 percent to finish at 12,845.13, while the NASDAQ slipped 3.67 points or 0.1 percent to 2,901.99 and the S&P 500 inched down 0.57 points or less than 0.1 percent to 1,344.33.
For comments and feedback contact: editorial@rttnews.com
Market Analysis
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.