Thailand’s SET Index closed at 1,314.28 points, decreased 9.24 points or 0.70%, with a trading value of THB 44.03 billion. The analyst stated that the Thai market plunged from the selling pressures in big-cap stocks, particularly DELTA, the ICT sector, and the banking sector.
Overall, the market movement mirrored other Asian markets, as investors are offloading their shares to mitigate risks ahead of the Federal Reserve meeting and the U.S.-China trade talks.
The analyst expects the Thai market to trade sideways within range tomorrow.
Thailand welcomed 26.25 million international tourists between January 1 and October 26, reflecting a 7.25% decline compared to the same period last year.
Malaysia remained Thailand’s main source of visitors, contributing 3.8 million arrivals, narrowly ahead of China with 3.72 million.
The Thai economy is poised for improvement in the first quarter of 2026 following a slowdown in the latter half of 2025, with new support measures, aiming to address the country’s persistent bad debt problem, slated for completion within the next one to two weeks.
Japanese Prime Minister Sanae Takaichi and U.S. President Donald Trump have signed a joint statement focused on ensuring stable supplies of rare earth elements and other vital minerals. This was amid concerns over economic security following China’s recent tightening of export controls on rare earths—materials integral to a variety of advanced products, from smartphones to military aircraft.
China’s Ministry of Industry and Information Technology (MIIT) has called together petrochemical firms to convene on Wednesday, involved in the production of fibres and plastics for clothing and bottle manufacturing, as it seeks solutions to the sector’s ongoing overcapacity issues.
