Thailand’s SET Index closed at 1,539.12 points, increased 21.86 points or 1.44%, with a trading value of THB 75.02 billion. The analyst stated that the Thai market surged on the positive sentiment in the U.S.-China summit. Furthermore, there are supporting catalysts from the U.S., relaxing export control on Nvidia selling chips to China, solid listed companies’ 1Q26 earnings results, as well as foreign fund inflows.
For tomorrow, the analyst expects the Thai market to move sideways within range.
China has reinstated export licenses for several hundred U.S. beef processing facilities, including sites operated by Tyson Foods and Cargill.
Over the previous year, more than 400 U.S. beef plants—approximately 65% of previously approved U.S. facilities—lost authorization to export to China when licenses originally granted between March 2020 and April 2021 were not renewed.
The United States has reportedly granted approval to around ten Chinese companies, including major technology firms, to acquire Nvidia’s H200 artificial intelligence chips. However, despite these clearances, none of the approved purchases have resulted in deliveries.
