Thailand’s SET Index closed at 1,483.56 points, decreased 5.73 points or 0.38%, with a trading value of THB 55.54 billion. The analyst stated that the Thai market consolidated due to selling pressures from DELTA and other big-cap stocks, while investors are awaiting the Constitutional Court’s consideration of the THB 400 billion loan decree.
Meanwhile, the tight market conditions and the lack of tech and AI stocks have made the Thai bourse less attractive.
For tomorrow, the analyst expects the Thai market to continue consolidating, while the revision of the MSCI will have an impact on the market, with expectations of it being marginal.
As the peace negotiation effort with Iran has faltered, President Donald Trump is reportedly contemplating renewing large-scale military operations, as persistent disagreements over Iran’s nuclear program and continued tensions over the Strait of Hormuz have heightened White House frustration.
Minister of Commerce Suphajee Suthumpun revealed that during the latest discussion with the United States Trade Representative, Thai delegates have conducted technical discussions on the U.S. concerns over asset quality and forced labor. She added that Thailand is making efforts to push forward the previously stalled Agreement on Reciprocal Trade from the former administration to completion before the U.S. commences a Section 301 investigation.
