Thailand’s SET Index closed at 1,440.85 points, increased 6.97 points or 0.49%, with a trading value of THB 56.57 billion. The analyst stated that the Thai market surged in the morning session along with the U.S. tech stocks, before facing negative sentiment in the afternoon after the Constitutional Court accepted a petition regarding the use of barcodes on election ballots. Meanwhile, investors also adopted a wait-and-see stance in anticipation of the Federal Reserve’s meeting results and the policy rate direction.
For tomorrow, the analyst expects the Thai market’s movement to tie with the Fed meeting results, which are slated to come out on Thursday morning.
The Constitutional Court of Thailand made a significant move by accepting a petition from the Ombudsman regarding the use of barcodes and QR codes on election ballots during the February 8, 2026, general election.
This stems from the Ombudsman submitting an opinion and petition from the public, requesting the Court to rule whether the management of the election on February 8, 2026, complied with Sections 83 and 85 of the Constitution.
Iran expanded military strikes against Israel and U.S.-linked targets across the Middle East following the killing of a senior security official, intensifying a conflict that is increasingly influencing global energy markets.
The attack followed the death of Ali Larijani, head of Iran’s Supreme National Security Council, who was killed alongside close aides and family members in Israeli airstrikes a day earlier.
President Donald Trump stated that the majority of NATO members had communicated their unwillingness to participate in the current U.S. military operation in Iran. He described the response of America’s allies as disappointing but did not signal any punitive response.
The Federal Reserve is widely anticipated to maintain current interest rates at its upcoming policy meeting, as investors adjust expectations in response to recent economic and geopolitical developments. Shifts in futures pricing point to little likelihood of a rate reduction in the near term, underscoring growing uncertainty about the Fed’s path forward.
