Thailand’s SET Index closed at 1,273.20 points, decreased 9.34 points or 0.73%, with a trading value of THB 40.14 billion. The analyst stated that the Thai market declined due to selling pressure from big-cap stocks, although buying force in DELTA helped buoyed the market during the morning session.
The analyst expects the market momentum to correct its level back to 1,270 points before exhibiting a rebound.
For tomorrow, the Thai market is expected to continue rebasing. Investors are suggested to monitor government policy announcements next week, with speculative activities advised among retail and stimulus-related stocks.
Prime Minister Anutin Charnvirakul, together with the economic team, met with the members of Thai Bankers’ Association, led by Mr.Payong Srivanich, President of Krung Thai Bank Public Company Limited and the Chairman of the association. Various issues were discussed at the meeting, one of which was the exchange rate of the baht and the mysterious capital inflows under suspicion as “grey capital.”
The Organisation for Economic Co-operation and Development (OECD) revised its global economic outlook upwards on Tuesday, citing stronger-than-anticipated resilience across several economies in 2025.
Taiwan recorded a seventh consecutive month of growth in export orders in August, driven largely by rising global demand for technology products linked to artificial intelligence and high-performance computing.
Hong Kong ground to a halt as Super Typhoon Ragasa, the world’s most powerful tropical cyclone of 2025, drew closer, prompting city authorities to enforce widespread shutdowns and urge residents to stay indoors. Air travel has been severely hit, with most passenger flights suspended until at least Thursday.
