Yesterday, the Stock Exchange of Thailand (SET) Index closed at 1,433.88 points, an increase of 28.85 points or +2.05%, with a trading value of 71.255 billion baht. Foreign investors had net purchases of 2.431 billion baht, marking their first net buying session after selling Thai shares for eight consecutive days, totaling over 39 billion baht. However, year-to-date, foreigners have still made net purchases of 22.579 billion baht worth of Thai stocks.
Mr. Asadej Kongsiri, Director and President of the Stock Exchange of Thailand, revealed that in the current situation where the Middle East war remains unresolved, uncertainty has led investors to adjust portfolios and shift funds to safe havens, affecting the direction of capital flows (fund flow) and causing foreign capital outflows.
Statistics show that since December 2025, before the Middle East event occurred, foreign funds had a net inflow into the Thai stock market of more than 60 billion baht, but in the past two weeks, around 30 billion baht has flowed out, which is considered normal volatility.
However, not all foreign capital has left because Thailand’s economic fundamentals remain strong, and investors are still confident in the new government’s potential to develop and drive the country’s economy forward. In addition, Thai stocks are attractive for their dividends. The SET Index remains up 7-8% from the start of the year, ranking third in Asia.
Regarding the effect on Thai listed companies (PLCs) from rising global oil prices, it is acknowledged that higher diesel prices impact several firms, but the extent is still unclear and requires close monitoring. The SET will continue to provide clear information to investors for cautious decision-making and analysis.
Mr. Asadej also said that Thailand has sufficient oil reserves to last 100 days, as informed by the Center for the Administration and Monitoring of the Middle East Situation. In the case of reports regarding shortages at some fuel stations, this was attributed to distribution problems caused by a surge in demand, not a lack of domestic oil supply.
