Market Roundup 19 January 2026

Thailand’s SET Index closed at 1,283.20 points, increased 7.60 points or 0.60%, with a trading value of THB 36.14 billion. The analyst stated that the Thai market surged due to buying forces in retail and hospital stocks that experienced selloff last week, as well as other big cap stocks.

The brokerage estimated that the driving force behind this rally was foreign investors accumulating Thai stocks, as well as China’s robust economic figures.

For tomorrow, the analyst expects the Thai market to trade sideways.

 

China’s economy posted its lowest quarterly growth rate in three years, expanding 4.5% year-on-year in the final quarter of 2025. Softer domestic demand and lingering concerns over the property market weighed on the figures, even as the country met its full-year growth target.

 

South Korea and Italy have agreed to strengthen collaboration in key technology sectors including artificial intelligence, semiconductors, aerospace, and critical mineral supply chains.

 

The European Union is considering imposing new tariffs on American products and activating its most severe economic sanctions as a response to the U.S. President Donald Trump’s plan to increase import taxes on several European countries.

 

The Dollar Index slipped 0.18% after news surfaced that BRICS nations may pursue the use of interconnected digital currencies for cross-border trade and tourism. The proposal could weaken the dominance of the U.S. dollar in international payments, attracting close attention from investors.

 

The International Monetary Fund (IMF) has revised its 2026 global growth projection upward, now anticipating an expansion of 3.3% for this year and next, before a marginal slowdown to 3.2% in 2027.

Meanwhile, The IMF projected that Thailand’s economy will slow down to 1.6% in 2026 before recovering to 2.2% in 2027. This remains unchanged from its October 2025 World Economic Outlook, indicating a stable outlook assessment for Thailand compared with the previous forecast.