Thailand’s SET Index closed at 1,274.17 points, decreased 13.90 points or 1.08%, with a trading value of THB 49.54 billion. The analyst stated that the Thai market plunged along with regional trends due to profit-taking activities among big-cap stocks, particularly PTT, PTTEP, and DELTA, following Fitch Ratings’ revision of Thailand’s credit outlook to ‘Negative.’
Meanwhile, the analyst noted that U.S. tech stocks also faced selling pressure from global portfolio adjustment.
The analyst expects the Thai market to contract at a slower pace tomorrow as the market approaches the earnings announcement period, recommending investors closely monitor Thai export figures.
Auttapol Rerkpiboon, Thailand’s Minister of Energy, has unveiled a slate of major initiatives to be undertaken over the next four months, underscoring the government’s commitment to the Ministry of Finance’s ‘Quick Big Win’ policy—an agenda focused on delivering rapid, impactful progress in revenue generation and energy cost reduction.
China’s official reading of manufacturing activity in September contracted less than expected, with the Manufacturing Purchasing Managers’ Index (PMI) registering 49.8.
Britain’s economy grew by 0.3% in the second quarter of 2025, according to figures released Tuesday by the Office for National Statistics, matching both the initial estimate and forecasts from a Reuters poll of economists.
The Trump administration began outlining contingency plans on Monday specifying which federal services would be suspended should a government shutdown occur this week, with the U.S. Department of Health and Human Services prepared to furlough 41% of its staff.
