Thailand’s SET Index closed at 1,121.13 points, increased 10.73 points or 0.97% with a trading value of THB 32.36 billion. The analyst stated that the Thai market surged along with its regional peers after closing for the holiday yesterday. However, the market still lacked supporting factors amid U.S. tariff pressure.
For next week, the analyst recommends investors closely monitor U.S. trade talks, expecting further announcements on its trade partners’ tariff status. While economic figures may hold little weight during this period, putting focus on China’s economic indicators is still crucial.
U.S. President Donald Trump announced on Thursday that the United States will implement a 35% tariff on goods imported from Canada starting next month, escalating trade tensions with America’s northern neighbor.
Nvidia reached a historic milestone on Thursday, with its market capitalization closing above $4 trillion for the first time, reinforcing its role as the pivotal force in Wall Street’s escalating battle to command artificial intelligence technologies.
Economists are pressing the Chinese government to consider deploying as much as CNY 1.5 trillion ($209 billion) in additional stimulus to boost consumer demand and maintain currency flexibility as the country grapples with mounting external and domestic pressures.
China is seeking to elevate its strategic partnership with Thailand, using the 50th anniversary of diplomatic relations as a springboard to expand cooperation and advance broader regional goals.
