Thailand’s SET Index closed at 1,288.26 points, increased 9.85 points or 0.77%, with a trading value of THB 35.34 billion. The analyst stated that the Thai market surged due to buying force in energy stocks, which was in response to rising crude prices.
Furthermore, rallies in consumption-related stocks, particularly banking and finance stocks, from the prospect of economic stimulus measures also buoyed the market.
The analyst expects the Thai market to trade sideways within range tomorrow.
Fitch Ratings has revised Thailand’s Long-Term Foreign-Currency Issuer Default Rating (IDR) Outlook to Negative from Stable, while affirming the rating at ‘BBB+’. The move reflects rising fiscal risks amid heightened political uncertainty and slowing economic growth.
The Thai Government, led by Prime Minister Anutin Charnvirakul, published its official policy statement, which will be delivered to the National Assembly on September 29, 2025. The statement outlines the principles and key policies that will guide the new cabinet’s administration amid widespread economic, social, political, and geo-strategic uncertainties.
The Trump administration has officially enacted the U.S.-EU trade agreement, reducing tariffs on European automobiles and auto components from 25% to 15% as of August 1, 2025.
Meanwhile, the White House has initiated a series of national security investigations into imports of robotics, industrial machinery, and medical devices—a move that could open the door to new tariffs and potentially push up costs for manufacturers, hospitals, and consumers.
