Thailand’s SET Index closed at 1,608.30 points, increased 32.05 points or 2.03%, with a trading value of THB 79.97 billion. The analyst stated that the Thai market outperformed regional markets as positive sentiment in U.S. tech stocks supported buying forces in DELTA.
Furthermore, investors also priced in the Constitutional Court’s approval of the THB 400 billion loan decree, bolstering big-caps.
Nevertheless, the analyst urged caution as the SET Index bounced back above 1,600 points, bringing the 2026 forward P/E ratio to 16x, the highest in the region.
Thailand’s Constitutional Court ruled by a majority vote of 7 to 2 that the government’s emergency THB 400 billion loan decree does not violate the constitution, clearing a major legal hurdle for the administration’s economic and energy revamp policies.
The International Monetary Fund (IMF) has positively revised Thailand’s economic growth in 2026-27 upward, boosted by the government’s fiscal measures and robust exports and investment.
Projected growth for Thailand in 2026 was revised upward to 1.9 percent, reflecting emergency fiscal measures and further supported by robust technology-related exports and investment. Growth is expected to accelerate to 2.2% in 2027.
