Thailand’s SET Index closed at 1,304.92 points, decreased 0.32 points or 0.02%, with a trading value of THB 37.34 billion. The analyst stated that the Thai market subsided from yesterday’s rally, with DELTA remaining today’s top performer amid weaker trading. Meanwhile, SCC faced selling pressure after brokers noted that the petrochemical sector showed no clear sign of recovery.
Furthermore, the Monetary Policy Committee (MPC) voted to maintain interest rates at 1.50%, which caused selloffs in the finance group, while the slump was offset by the positive trend in the banking sector.
For tomorrow, the analyst recommends investors closely monitor developments on the U.S. government shutdown.
The Bank of Thailand unexpectedly maintained interest rates at 1.50%, following the Monetary Policy Meeting on Wednesday, despite the market anticipating a 25 basis points rate cut for October.
Vietnam is set to join the ranks of secondary emerging markets, following a decision by FTSE Russell to reclassify the country from its current frontier market standing, effective September 21, 2026. The elevation—after an eight-year stint on the watch list—will align Vietnam with Asian market heavyweights such as China, India, Indonesia, and the Philippines, potentially opening the door to substantial inflows of foreign capital.
Gold prices climbed above $4,000 per ounce for the first time on Tuesday, October 7, as the U.S. government shutdown stretched into its seventh day, intensifying investor demand for safe-haven assets.
