Thailand’s SET Index closed at 1,141.58 points, increased 2.42 points or 0.21% with a trading value of THB 26.21 billion. The analyst stated that the Thai market traded sideways on a slight gain due to overseas supporting factors after the U.S.-China trade talks showed positive signs. However, the market was pressured by the selloffs in stocks in the financial sector, as investors were concerned about Thailand’s economic prospects. Furthermore, political concerns also weighed on the Thai market, but buying forces in China Play stocks helped prop up the index.
The analyst expects the Thai market to trade sideways within range tomorrow, while also advising investors to closely monitor U.S. inflation figures, which are set to come out tonight.
The United States and China have come to a trade agreement following a second day of high-level negotiations in London.
The deal establishes a framework designed to put into effect previous understandings reached between President Donald Trump and President Xi Jinping
A federal appeals court has decided to permit the continuation of President Donald Trump’s expansive tariffs, pending its examination of a previous court’s ruling that argued Trump had overstepped his authority with their imposition.
In a new assessment of the global economy, the World Bank revised its growth expectations for 2025, decreasing them by 0.4 percentage points to a modest 2.3%. This adjustment reflects significant challenges posed by escalating tariffs and pervasive uncertainty impacting virtually all countries.
