Thailand’s SET Index closed at 1,135.24 points, decreased 1.19 points or 0.10% with a trading value of THB 24.06 billion. The analyst stated that the Thai market traded sideways within a narrow range and a weak volume, as investors are closely monitoring the U.S.-China trade talk this week. Traders will also focus on the ongoing political instability in Thailand, particularly as on June 13, the Supreme Court will hold an inquiry on the case of Former Prime Minister Thaksin Shinawatra being admitted to the 14th floor of a police hospital.
Meanwhile, the prospects of listed companies’ 2Q25 performance are expected to be weak.
The analyst expects the Thai market to continue trading sideways tomorrow.
The United States has officially agreed to commence negotiations with Thailand regarding tariff measures and bilateral trade issues.
Pichai Chunhavajira, Deputy Prime Minister and Minister of Finance, emphasized that Thailand and the U.S. have held ongoing informal conversations for some time. He believes the approaches Thailand has proposed will benefit both nations.
South Korea’s supreme court has announced its decision to postpone a trial of its newly elected president indefinitely after previously being ruled of having violated election law back in 2022.
Top trade delegates from the United States and China are convening in London on Monday to negotiate a resolution to the protracted trade dispute between the globe’s foremost economic powerhouses.
