Thailand’s SET Index closed at 1,568.97 points, decreased 1.98 points or 0.13%, with a trading value of THB 62.57 billion. The analyst stated that the Thai market pared some losses from the morning session amid buying forces among stocks under the Domestic Play theme. This was due to the next week’s rollout of the “Thai Chuay Thai Plus” scheme, as well as the recovery in the tourism sector. Adding to those was DELTA, which minimized its sharp downward trend earlier.
For tomorrow, the analyst expects the Thai market to move sideways and stable, recommending investors closely monitor the U.S.-Iran peace talks and portfolio adjustments on the MSCI Index, which is anticipated to exhibit around THB 8 billion of fund outflows. Meanwhile, there is also a potential for the SET Index to rebound.
U.S. military personnel carried out a second operation targeting Iranian forces this week after observing actions deemed threatening near the Strait of Hormuz.
During a cabinet session open to the media, President Donald Trump declined to acknowledge a broadcast from Iranian state television claiming an informal agreement had been reached to restore shipping activity in the strait to previous levels within a month, under joint oversight by Iran and Oman.
