Thailand’s SET Index closed at 1,315.64 points, increased 1.36 points or 0.10%, with a trading value of THB 33.46 billion. The analyst stated that the Thai market traded sideways and settled slightly higher, due to buying force in AOT, DELTA, and ICT stocks.
Meanwhile, investors are monitoring tonight’s Federal Reserve meeting and the U.S.-China trade talks at the APEC summit later this week.
The analyst expects the Thai market to potentially surge tomorrow, contingent upon an expected rate cut by the Fed, with signals for a more accommodative monetary policy.
Prime Minister Anutin Charnvirakul led a delegation to the Republic of Korea (South Korea) to attend the 32nd APEC Economic Leaders’ Week (AELW), held from October 29 to November 1, 2025, in Gyeongju.
He stated that this summit is a significant opportunity to meet leaders from various countries, such as Canada, China, South Korea, Brunei, and possibly Japan.
Mrs. Suphajee Suthumpun, Minister of Commerce, attended the 28th ASEAN–China Summit in Kuala Lumpur, Malaysia, and participated in the signing of the “ASEAN-China Free Trade Agreement (ACFTA) 3.0 Upgrade Protocol.”
The primary aim of this protocol is to modernize, increase transparency, and align the ASEAN–China Free Trade Agreement framework with the current economic landscape while further strengthening economic relations between Thailand and China.
U.S. President Donald Trump indicated he is prepared to reduce tariffs related to fentanyl on Chinese goods, just before his highly anticipated summit with Chinese President Xi Jinping in South Korea. He outlined that the influx of fentanyl into the United States, as well as issues affecting American farmers, will be among the main topics.
He also stated that he intends to discuss Nvidia’s advanced Blackwell artificial intelligence chip with President Xi in their Thursday meeting.
The fate of Nvidia’s high-end AI chips—sales of which to China accounted for 13% of the U.S. company’s revenue last fiscal year—has been a key issue in prolonged trade negotiations between Washington and Beijing in 2025.
