Thailand’s SET Index closed at 1,107.69 points, increased 7.68 points or 0.70% with a trading value of THB 62.66 billion. The analyst stated that the Thai market continued to trade upward along with regional trends due to a better investment climate. This followed the decision by the Monetary Policy Committee to maintain the interest rate as expected. The committee also revised its 2025 GDP outlook upward, while downgrading the 2026 growth forecast to 1.7%.
Stocks that showed a positive trajectory were those that had plunged previously. Such developments were deemed as short-term speculative activities and were not based on fundamental factors.
The analyst expects the Thai market to extend gains tomorrow.
The Bank of Thailand’s Monetary Policy Committee (MPC) opted to hold its benchmark interest rate at 1.75% at its June 25 meeting, a widely anticipated move amid ongoing economic headwinds and unstable political conditions in the country.
The Constitutional Court of Thailand is expected to consider Mongkol Surasatja’s petition to remove Paetongtarn Shinawatra from her premiership amid audio clip controversy.
The Pheu Thai administration has agreed to postpone the consideration of the Entertainment Complex Bill, and priority will be given instead to other bills, including the Amnesty Bill.
U.S. Federal Reserve Chair Jerome Powell warned that recently introduced tariffs could begin exerting upward pressure on prices as soon as this summer—a timeframe central to the Fed’s deliberations over future rate decisions.
