Thailand’s SET Index closed at 1,206.59 points, decreased 13.68 points or 1.12% with a trading value of THB 42,69 billion. The analyst stated that the Thai market plunged after a strong rebound yesterday due to lack of clarity on U.S.-China trade talk after President Donald Trump showed no sign of easing tariffs, prompting the market to maintain cautious moves.
The analyst suggests investors should closely monitor listed companies’ 1Q25 earnings reports and China’s import and export figures.
The search for Thailand’s next central bank governor is set to commence as the selection committee plans to begin accepting applications for the position next week.
The Philippine economy posted marginally stronger growth in the first quarter of 2025, buoyed by robust public expenditure and firm consumer demand, yet still fell short of analyst forecasts amid escalating global trade headwinds.
The U.S. Federal Reserve decided to maintain interest rates at their current range of 4.25%-4.50% on Wednesday, while acknowledging that the risks of increasing inflation and unemployment have intensified.
