Thailand’s SET Index closed at 1,284.47 points, increased 9.86 points or 0.77%, with a trading value of THB 26.55 billion. The analyst stated that the Thai market exhibited an upward trend and was in line with markets overseas, following the temporarily declining investor concerns over the U.S.-China trade war.
Domestically, there was a positive sentiment from strong 3Q25 earnings among the banking stocks, with the new ‘Half-Half’ co-payment scheme also bolstering the consumption-related equities.
The analyst expects the Thai market to trade sideways within the range tomorrow.
China announced a 4.8% economic expansion in the third quarter of 2025, in line with a Reuters poll amid slower growth due to geopolitical uncertainties.
This marks a deceleration from the 5.2% recorded in the second quarter, and would be the weakest growth since Q3 of 2024. The poll suggests that the growth rate could lose further momentum in the coming months, moderating to 4.3% in the fourth quarter.
According to the latest assessments by the International Monetary Fund (IMF) and the World Bank, the global economy remains “resilient” despite persistent uncertainty stemming from rising public debt, market volatility, and geopolitical tensions.
Meanwhile, the Fund issued a strong warning about Thailand’s economic trajectory, projecting the country’s GDP to expand by 2.0% in 2025 before slowing sharply to 1.6% in 2026.
Vietnamese Prime Minister Pham Minh Chinh outlined plans for an unprecedented economic expansion, setting an ambitious target of at least 10% GDP growth in 2026. Chinh highlighted the nation’s adaptability amid ongoing global economic turbulence, emphasizing the country’s resilience in the face of external challenges.
