Thailand’s SET Index closed at 1,250.09 points, increased 2.06 points or 0.17% with a trading value of THB 35.79 billion. The analyst stated that the Thai market traded sideways within a narrow range early on as a bearish outlook on Nvidia’s 3Q25 performance put pressure on DELTA.
However, the Thai market surged in the afternoon session due to a positive sign from the Thailand Focus event, reinvigorating investor confidence.
The analyst foresees the Thai market as having passed its lowest point and is monitoring the political situation, particularly Prime Minister Paetongtarn Shinawatra’s trial on Friday.
Thailand’s manufacturing sector suffered a sharp setback in July, with the Manufacturing Production Index (MPI) tumbling 3.98% from the same period a year ago.
The decline, the first in four months, pushed output to its lowest reading in nearly two years and significantly underperformed market expectations of a 1.1% year-on-year drop.
The Bank of Korea (BOK) kept the interest rate at 2.5% as inflation remains stable and economic growth shows modest improvement. The central bank cited the need to monitor the housing prices and household debt in Seoul following the 19% soaring back in June.
U.S. President Donald Trump has proposed to shorten the stay period of certain visas, particularly student and journalist visas, considerably, while also allowing for an extension. He cited terrorist concerns as reasons for tightening visa restrictions, which largely stem from the protest against the Israeli war in Gaza.
