Thailand’s SET Index closed at 1,246.96 points, increased 17.56 points or 1.43% with a trading value of THB 53.04 billion. The analyst stated that the Thai market traded sideways-up, as investors anticipated the Federal Reserve to cut interest rates for the first time of the year after Nonfarm Payroll came lower than expected, and a weak dollar led fund flows into Asian markets.
Domestically, listed companies have reported overall moderate results in 2Q25. Notable groups are undervalued stocks from the hospital and retail sectors, as well as infra-tech stocks such as GULF, TRUE, and ADVANC.
For tomorrow, the analyst expects the Thai market to potentially extend gains.
Thailand’s Cabinet has greenlit the Air Force’s request to expand its fleet with the purchase of additional Saab JAS 39 Gripen E/F fighter jets.
U.S.-India trade tensions escalated as President Donald Trump repeated his intention to impose higher tariffs on Indian imports, citing New Delhi’s ongoing purchases of Russian oil.
Brazil Supreme Court Justice Alexandre de Moraes has ordered house arrest of former President Jair Bolsonaro after he violated the court’s restraining orders, allegedly courting the U.S. to interfere in his case.
Tariffs continue to bolster the U.S. Treasury, with July’s collections reaching a record $29 billion—the highest this year.
