At the end of the morning session on Monday, the share price of True Corporation Public Company Limited (SET: TRUE) rose by 3.75% or THB 0.30 to THB 8.30, with a trading value of THB 476.37 million.
The share price of WHA Corporation Public Company Limited (SET: WHA) increased by 1.82% or THB 0.10 to THB 5.60, with a trading value of THB 286.76 million.
The share price of Gulf Energy Development Public Company Limited (SET: GULF) grew by 0.61% or THB 0.25 to THB 41.00, with a trading value of THB 169.25 million.
The share price of Infraset Public Company Limited (SET: INSET) jumped by 5.74% or THB 0.14 to THB 2.58, with a trading value of THB 35.44 million.
Krungsri Securities (KSS) stated in its report that Alibaba Cloud was set to launch the first ‘Cloud Region’ in Mexico and planned to expand data centers into key markets, such as Malaysia, the Philippines, Thailand, and South Korea, in the next three years. The investment aimed to build an infrastructure for cloud computing and AI and reflected the potential of Thailand in data centers following the investment announcements from tech giants around the world, such as Amazon and Microsoft.
The analyst foresaw the circumstances as a positive sentiment for the next phase of foreign direct investment (FDI) and Thai stocks that would benefit from the investment, namely: WHA, GULF, TRUE, and INSET.
