Thailand’s SET Index closed at 1,502.11 points, increasing by 5.80 points or 0.39%, with a trading value of THB 56.79 billion. The analyst stated that the Thai stock market stabilized amid downward pressure from sharp selling in the yield-play-themed stocks, as well as sell-on-fact phenomena on listed companies that announced 3Q26 earnings results. However, the Thai market remains buoyed by the energy and petrochemical sectors.
Externally, stronger-than-expected U.S. inflation raised Treasury yields to 5%, causing downward sentiment in emerging markets.
For tomorrow, the analyst expects the Thai market to move within the 1,494 – 1,506 points, with key catalysts to monitor including the MSCI Index review, as well as SET and TFEX trading guideline revision on November 16.
Unexpected price pressures in the U.S. economy during October have intensified expectations for additional Federal Reserve monetary tightening. Following the hotter-than-anticipated inflation print, futures market pricing now reflects a 91% probability that the central bank will raise interest rates again before the end of 2026.
