Thailand’s SET Index closed at 1,275.33 points, increased 4.22 points or 0.33%, with a trading value of THB 28.61 billion. The analyst stated that the Thai market traded sluggishly with thin volume ahead of the Christmas Holiday, and there was a lack of new supporting factors.
Meanwhile, the petrochemical stocks outperformed the market today, with big-cap stocks exhibiting a rebound in anticipation of Window Dressing.
The analyst expects the Thai market to remain subdued tomorrow.
Japan and the United States are moving to accelerate a plan in which Japan will direct $550 billion in investment into the U.S., part of a wider trade arrangement aimed at reducing tariffs imposed by President Donald Trump.
The Trump administration announced it will raise tariffs on Chinese semiconductor imports beginning in June 2027, with the specific rates to be disclosed at least a month prior.
For the next 18 months, the import tariff rate for Chinese semiconductors will remain at zero.
Gold soared above the $4,500 mark for the first time, with both silver and platinum establishing fresh record highs as investors sought refuge in precious metals amid persistent geopolitical and trade tensions and in anticipation of additional U.S. interest rate cuts in 2026.
