Thailand’s SET Index closed at 1,568.37 points, decreased 0.60 points or 0.04%, with a trading value of THB 89.34 billion. The analyst stated that the Thai market dropped into the negative territory in the afternoon session as investors adjusted portfolios to accommodate the MSCI revision.
Earlier, the index rose along with the Asian market trend, as tensions in the Middle East subsided on the prospect of the U.S.-Iran peace talks. There were also buying forces in DELTA before the equity pared gains in the latter half of the trading session.
For next week, the analyst expects the Thai market to move with volatility.
U.S. inflation accelerated at its fastest rate since 2023 during April, propelled by higher energy prices linked to the ongoing conflict in Iran. The steep rise has reinforced expectations that the Federal Reserve will maintain its current interest rate policy through the coming year.
