Thailand’s SET Index closed at 1,110.40 points, decreased 5.25 points or 0.47% with a trading value of THB 27.16 billion. The analyst stated that the Thai market traded sideways down as investors monitored developments on U.S.-Thai trade talks.
The securities firm expects investors to hold on to any decision until the tariff deadline on August 1, or after the negotiations have resolved.
Furthermore, the lack of eagerness to rate-cutting from the Federal Reserve, a lackluster Consumer Confidence Index, and unstable Thai politics caused the Thai market to adopt a wait-and-see approach along with its regional peers.
After the holiday, the analyst recommends investors closely monitor U.S. trade talks with its trading partners, as Trump is preparing to unveil trade status with at least seven countries.
U.S. President Donald Trump signaled a dramatic escalation in his administration’s trade policy, revealing plans to impose a 50% tariff on copper imports and consider imposing levies as high as 200% on pharmaceutical products.
Following the copper tariff announcement, Thai electronics stocks plummeted further after facing major headwind from the 36% Reciprocal Tariffs.
Former Thai Prime Minister Thaksin Shinawatra outlined a new direction for Thailand’s creative economy at the Splash – Soft Power Forum 2025, held at the Queen Sirikit National Convention Center, titled “Crafting the Future: From OTOP to ThaiWORKS and Beyond.”
He pointed out that the current landscape is characterized by numerous and persistent problems that make recovery more complex than in previous eras while also mentioning that reform is both necessary and achievable.
