Thailand’s SET Index closed at 1,644.39 points, increased 3.36 points or 0.20%, with a trading value of THB 89.28 billion. The analyst stated that the Thai market declined in the early trading along with foreign market trends, following continued escalation in the Middle East and rising oil prices.
However, the Thai bourse bounced back into positive territory from a rally in the banking sector. The buybacks in other big-caps, especially AOT, also contributed to the market’s recovery.
For next week, the analyst expects the Thai market to move with volatility.
The United States has officially imposed a 12.5% ad valorem tariff on Thai imports following a sweeping investigation under Section 301 of the Trade Act of 1974. The decision, outlined in a Presidential Memorandum released by the White House on July 23, 2026, penalizes economies that the U.S. Trade Representative (USTR) determined have failed to enact or effectively enforce prohibitions on importing goods produced with forced labor.
Thailand reported a significant increase in exports for June 2026, with shipments rising 20.8% compared to June of the previous year. The growth exceeded market projections and was accompanied by a substantial increase in imports.
Imports in June recorded a 50.3% gain from one year earlier, surpassing the 37.1% increase expected by economists.
Thailand’s Ministry of Finance announced that Thailand’s economy in 2026 is projected to grow by 2.5%, a slight acceleration from the previous year. Key drivers include consistently strong export performance, robust private sector investment, and private consumption receiving support from government economic policies.
