Thailand’s SET Index closed at 1,248.03 points, decreased 3.23 points or 0.26% with a trading value of THB 46.88 billion. The analyst stated that the Thai market traded narrowly sideways as investors monitored new supporting catalysts, particularly in domestic politics, in the case of audio clips of Prime Minister Paetongtarn Shinawatra regarding the Thai-Cambodia border dispute, slated to be clarified on Friday. This could risk creating pressure on the 2026 Budget.
Meanwhile, the index was pressured at the end of the trading session as energy stocks rebased.
For tomorrow, the analyst expects the Thai market to trade sideways within the range.
Thailand’s House of Representative held a meeting to discuss several bills and two of which are related to the 20-baht flat fare scheme for the rapid rail system.
After the review of the entire 54 sections of the bill, the lower house proceeded to vote in the third hearing, with 384 MPs voted in favour, none opposed, two abstentions, and five representatives did not vote. As a result, the bill was approved and was sent to the Senate.
U.S. President Donald Trump is moving to secure a majority of his own appointees on the Federal Reserve board, reaffirming his intention to fill upcoming vacancies on the Fed’s seven-member board with candidates who support deeper interest rate cuts.
This comes as Trump attempts to remove Governor Lisa Cook, who was appointed by his predecessor, former President Joe Biden, and has faced scrutiny over mortgage-related allegations now under Justice Department investigation.
