As expected, the Stock Exchange of Thailand performed well last month, bucking the historic "Sell in May" trend for stock markets, helped by early stirrings of hope for a peace agreement between the US and Iran.
The SET index pushed above 1,500 points early in May and has largely stayed there, with big-cap Delta Electronics providing a lift on the back of positive sentiment about all things artificial intelligence (AI) on the tech-heavy Nasdaq in the US. The gains by DELTA lifted the entire electronics sector, making it the biggest outperformer in May.