Thailand’s SET Index closed at 1,278.74 points, decreased 9.52 points or 0.74%, with a trading value of THB 36.24 billion. The analyst stated that the Thai market exhibited a downward trend as there were no supporting factors, while DELTA’s decline also put pressure on the index.
Investors are bracing for the release of PCE figures from the U.S. slated for tonight, following a stronger-than-expected 2Q25 GDP of the world’s largest economy, which raises concerns over the Fed’s interest rate path.
For next week, the analyst expects the Thai market to trade with volatility, with traders monitoring the Cabinet’s policy announcements.
Japan’s finance ministry announced plans to establish a new investment facility at the state-owned Japan Bank for International Cooperation (JBIC) to help deliver on a $550 billion investment package as part of the recent tariff agreement with the United States.
U.S. President Donald Trump announced that a 100% tariff will be imposed on imported pharmaceutical products effective October 1, unless companies are actively constructing pharmaceutical manufacturing facilities within the United States.
Additionally, Trump also signed an executive order, setting the framework for the sale of Chinese-owned TikTok’s U.S. operations to a group of American and global investors.
On the trade front, the president asserted that South Korea will deliver billions of dollars in “upfront” investments, a claim at odds with Seoul’s stance that meeting such U.S. demands without sufficient safeguards could trigger a financial crisis.
