On Wednesday at 10:34 AM (Bangkok time), the share price of Delta Electronics (Thailand) Public Company Limited (SET: DELTA) surged by 1.12% or THB 0.75 to THB 67.50, with a trading value of THB 166.45 million.
Cal-Comp Electronics (Thailand) Public Company Limited (SET: CCET) increased by 0.86% or THB 0.05 to THB 5.85, with a trading value of THB 63.00 million.
Krungsri Securities (KSS) sees a positive sentiment for DELTA and CCET following reports from South Korea indicating a 3.1% year-on-year increase in exports for March, marking the second consecutive month of growth. This growth is driven by an 11.9% year-on-year rise in semiconductor exports, benefiting from strong demand.
The robust expansion in South Korea’s exports reflects a positive outlook, with expectations of accelerated growth in electronic component exports. Additionally, the weakening Thai baht further supports this momentum. The analyst provides a “Trading Buy” recommendation.
