On Thursday at 2:24 PM (Bangkok time), the share price of WHA Corporation Public Company Limited (SET: WHA) surged by 3.87% or THB 0.12 to THB 3.22, with a trading value of THB 307.48 million.
Amata Corporation Public Company Limited (SET: AMATA) rose by 0.70% or THB 0.10 to THB 14.30, with a trading value of THB 73.30 million.
Thanachart Securities stated that the U.S. Supreme Court has begun deliberations on the legal grounds of the tariff measures implemented by President Donald Trump.
Several justices have voiced significant concerns over the administration’s aggressive tariff policies being imposed globally and questioned whether Trump has the legal authority to levy taxes under an “international emergency” as stipulated by law, as well as whether there has been an overreach of executive power.
Given the generally negative tone from such circumstances, prediction markets have adjusted the probability of the Supreme Court ruling in favor of the Trump tariff measures downward, from 45% to 27%, reflecting a diminished likelihood of the administration’s position prevailing.
If the Court ultimately decides that President Trump exceeded the legal scope provided by the International Emergency Economic Powers Act (IEEPA) and moves to partially restrict or overturn the tariffs, the analyst views this as a positive development for Thai export-oriented sectors.
Companies such as ITC and TU, as well as industrial estate operators like AMATA and WHA, which had previously been concerned about tariff risks, are expected to benefit from such a decision.
