Thailand’s SET Index closed at 1,490.10 points, decreased 3.59 points or 0.24%, with a trading value of THB 73.11 billion. The analyst stated that the Thai market moved with volatility, with pressure from the protracted Middle East tensions, although this has also bolstered the oil-related stocks. Nevertheless, selling pressure from DELTA has pressured the Thai market in the afternoon session.
For tomorrow, the analyst expects the Thai market to trade sideways.
The Thai Cabinet has issued a Royal Decree authorizing the THB 400 billion borrowing to address the impact of the energy crisis and support Thailand’s energy transition. The Royal Decree has two clear objectives: 1) to alleviate the cost-of-living impact and support economic activities, and 2) to accelerate the restructuring of the country’s energy sector to reduce vulnerabilities and address national challenges.
Anthropic has partnered with financial heavyweights Blackstone, Hellman & Friedman, and Goldman Sachs to establish a new AI-native enterprise services firm. The standalone entity is backed by $1.5 billion in committed capital, aimed at accelerating corporate AI transformation through the direct implementation of the Claude model.
In a stunning realignment of global equity rankings, South Korea and Taiwan have leapfrogged traditional heavyweights like the United Kingdom and Canada in total market capitalization. Driven by an insatiable demand for artificial intelligence (AI) hardware, these two tech-heavy economies are now being recognized as the primary “backbone” of the global AI supply chain.
