Thailand’s SET Index closed at 1,202.03 points, increased 12.48 points or 1.05% with a trading value of THB 37.80 billion. The analyst stated that the Thai market surged, showing a technical rebound after the index was severely plunged. Meanwhile, the trading volume was low due to lack of supporting factors, especially with the stagnating economy and political instability.
The analyst expects the Thai market to stabilize next week.
Headline inflation in Thailand saw a rise of 1.08% in February compared to the same month in the previous year, following January’s 1.32% increase, the commerce ministry announced on Friday.
China’s exports soared to unprecedented levels in the early part of 2025 as impending US tariffs prompted a rush in shipments with uncertainties continuing to linger not knowing what Trump’s tariffs policy would be.
In the first two months of 2025, export values climbed 2.3% to $540 billion, while imports dropped unexpectedly by 8.4%, driving the trade surplus to a record nearly $171 billion.
U.S. President Donald Trump decided to suspend the 25% tariffs imposed earlier in the week on most goods from Canada and Mexico, creating additional uncertainty around the fluctuating trade policy and its impact on financial markets, inflation, and economic growth.
The exemptions for the two leading U.S. trading partners are set to expire on April 2, coinciding with Trump’s warning of a potential global regime of reciprocal tariffs on all U.S. trading partners.
Additionally, Trump signed an executive order on Thursday to establish a strategic bitcoin reserve. This decision comes before his scheduled meeting with representatives from the cryptocurrency sector at the White House the following day.
