Market Roundup 31 July 2026

Thailand’s SET Index closed at 1,623.64 points, increased 25.53 points or 1.60%, with a trading value of THB 89.03 billion. The analyst stated that the Thai market rebound along with overseas markets’ trend, supported by buying forces in big-caps, especially DELTA which led today’s rally.

Furthermore, the U.S. core PCE came out lower than expected, which eased concerns over the Federal Reserve interest rates policy. Additionally, the declining bond yield also reinforced the market’s upbeat sentiment.

For next week, the analyst expects the Thai market to remain volatile.

 

The Bank of Thailand has revealed that the overall Thai economy in the second quarter of 2026 showed clear signs of slowing compared to the previous quarter. The main reasons stemmed from rising energy prices and travel restrictions caused by ongoing unrest in the Middle East.

These factors notably reduced the number of foreign tourists and tourism revenues, especially among short-haul and European markets. As a result, service-related sectors—particularly hotels and restaurants—also experienced a contraction.

 

The Bank of Japan left its policy rate unchanged at the end of its two-day meeting on Friday, while warning that the nation’s core inflation is on track to rise above its 2% target later this fiscal year. The pause follows a rate increase from 0.75% to 1% in June.

The central bank’s move was broadly anticipated by financial markets.