Market Roundup 22 December 2025

Thailand’s SET Index closed at 1,269.68 points, increased 17.49 points or 1.40%, with a trading value of THB 31.02 billion. The analyst stated that the Thai market extended gains following DELTA’s buying force, despite selling pressures from banking stocks. Meanwhile, petrochemical stocks rebounded after the People’s Bank of China (PBOC) maintained its key interest rates as expected.

The analyst expects the Thai market to trade sideways with volatility tomorrow, while recommending investors closely monitor DELTA’s movement, Thai baht appreciation, as well as GDP data from the U.S. and China.

 

China kept its benchmark loan prime rates (LPRs) unchanged for the seventh straight month in December, aligning with market expectations. The one-year LPR remains at 3.00%, while the five-year LPR stays at 3.50%.

Moreover, the country will implement provisional duties ranging from 21.9% to 42.7% on selected dairy imports from the European Union starting December 23, following a year-long anti-subsidy investigation.

 

Britain’s economy expanded by 0.1% in the third quarter of 2025, matching the agency’s initial estimate and in line with economists’ expectations. Year-on-year, third-quarter GDP was 1.3% higher, while output expanded 0.9% on a per capita basis compared to the same period last year.

 

India and New Zealand have reached a free trade agreement aimed at strengthening economic ties and bolstering growth amid shifting tariffs, geopolitical tensions, slower growth, and mounting protectionism.