Thailand’s SET Index closed at 1,254.09 points, increased 0.49 points or 0.04%, with a trading value of THB 32.66 billion. The analyst stated that the Thai market rebounded in the morning session due to DELTA’s recovery. However, the market later pared gains due to a lack of supporting factors, as well as selling pressure from hospital, banking, and telecommunication stocks.
For next week, the analyst recommends investors closely monitor the U.S. Supreme Court verdict on President Donald Trump’s tariff case, as well as Non-Farm payroll and unemployment figures.
The U.S. has announced a $45 million assistance package for Thailand and Cambodia, aimed at reinforcing Trump’s peace-building agenda between the two Southeast Asian countries. This pledge was made public on Friday by Michael DeSombre, U.S. Assistant Secretary for East Asia, as he traveled to affirm Washington’s continued engagement in efforts under the Kuala Lumpur Peace Accords.
China’s inflation reached its highest level in nearly three years in December, with the consumer price index (CPI) increasing by 0.8% year-on-year. This came as holiday spending gained momentum, though persistent deflation at the factory gate highlighted subdued underlying demand.
India’s efforts to finalize a trade agreement with the U.S. hit a critical snag when Prime Minister Narendra Modi refrained from making a decisive phone call to President Donald Trump. U.S. Commerce Secretary Howard Lutnick noted that all preparations for the agreement had been completed, but the process required a direct phone call between Modi and Trump.
The U.S. trade deficit in goods and services narrowed to $29.4 billion in October – down from $48.1 billion the month before – and brought the figure to the lowest monthly total since 2009.
