Thailand’s SET Index closed at 1,282.54 points, decreased 10.18 points or 0.79%, with a trading value of THB 31.59 billion. The analyst stated that the Thai market closed at the lowest point of today’s session due to profit-taking activities, following previous surges that led the index to bear high valuation, while the country’s GDP growth remains slow.
Furthermore, there are no new supporting factors as investors are monitoring the 2Q25 GDP figures and the U.S. PCE Index, as well as the economic stimulus measures.
The analyst expects the Thai market to trade sideways-down.
A source from the Bhumjaithai Party revealed progress on the drafting of the government policy statement, led by Prime Minister and Minister of Interior, Mr. Anutin Charnvirakul. The draft is now complete, totaling eight pages, with the main framework focusing on four key areas: 1) addressing economic and livelihood issues, 2) ensuring security and border areas, 3) managing social problems, 4) responding to natural disasters and providing remedies.
Vietnam is undertaking a significant reform of its national electricity pricing structure, transitioning to a mandatory two-part electricity tariff for major consumers. Proposed by the Ministry of Industry and Trade (MOIT), this initiative aligns with the national energy security strategy.
China’s central bank opted to leave its key lending rates unchanged for the fourth straight month, maintaining a cautious stance even as the U.S. Federal Reserve moved to lower interest rates last week.
The Trump administration announced the introduction of a $100,000 annual fee for companies employing workers on H-1B visas, a move that has quickly reverberated throughout Silicon Valley.
