Thailand’s SET Index closed at 1,286.69 points, increased 20.31 points or 1.60%, with a trading value of THB 46.48 billion. The analyst stated that the Thai market surged along with its regional peers, as investors priced in the newly announced economic stimulus measures.
The market was also bolstered by buying force in banking stocks, as investors adopt a speculative stance amid the upcoming 3Q25 financial statements.
The analyst expects the Thai market to extend gains tomorrow.
Prime Minister Anutin Charnvirakul has appointed a strategic working group for negotiations with the United States. The group is chaired by Ekniti Nitithanprapas, Deputy Prime Minister and Minister of Finance, and includes ministers from six key ministries.
Indonesian regulators are preparing to revise foreign investment caps for the nation’s $50 billion mutual fund industry, a move that could soon allow local funds to allocate more than half of their capital to overseas markets.
China’s consumer prices declined more than anticipated in September, while the ongoing softness in producer prices highlighted persistent weakness in domestic demand and growing unease over global trade tensions.
The United States and the United Kingdom have conducted their most extensive joint operation to date, targeting criminal organizations in Southeast Asia.
The coordinated action aims to dismantle large-scale online scam and human trafficking networks headquartered in Cambodia, accused of orchestrating fraudulent schemes that have siphoned billions from victims across the globe.
