Thailand’s SET Index closed at 1,275.03 points, increased 0.86 points or 0.07%, with a trading value of THB 35.48 billion. The analyst stated that the Thai market traded sideways-up within a narrow range due to buying force in DELTA and AOT. However, the market was also weighed down by selling pressure in energy stocks due to plunging oil prices, PTT’s ex-dividend marking, as well as the lack of supporting factors.
The analyst expects the Thai market to continue trading sideways within range tomorrow.
Thailand’s economy experienced a further slowdown in August, in line with market expectations, as a result of continued weakness in domestic activity and the impact of U.S. tariffs.
South Korea’s exports surged at their fastest pace in over a year in September, significantly exceeding market forecasts, propelled by strong demand for semiconductors amid the global expansion of artificial intelligence (AI). Despite the upbeat momentum, uncertainties persist as trade negotiations with the United States face ongoing challenges.
The U.S. federal government faced shutdown following lawmakers’ inability to strike a deal on temporary funding. The impasse leaves essential departments and services facing temporary closure as Republicans and Democrats failed to bridge their sharp divisions over funding terms.
