Thailand’s SET Index closed at 1,261.39 points, increased 17.09 points or 1.37%, with a trading value of THB 44.22 billion. The analyst stated that the Thai market outperformed its regional peers as funds flowed from tech stocks toward mid to small-cap stocks.
Domestically, buying forces emerged among stocks that have sharply declined, such as DELTA, as well as retail and finance stocks, while the banking sector faced profit-taking action.
The analyst expects the Thai market to trade sideways within range tomorrow, recommending investors closely monitor listed companies’ earnings reports and the U.S. tariff trial.
Japan and the Philippines formalized two defense agreements. Central to these accords is the Acquisition and Cross-Servicing Agreement (ACSA), facilitating rapid exchange of logistics and support between their armed forces—a development that follows a landmark Reciprocal Access Agreement initiated last year by the two U.S.-aligned nations.
Britain’s economy expanded more than anticipated in November. Gross domestic product climbed 0.3% month-on-month, surpassing the 0.1% increase forecast in a Reuters survey of economists.
The United States is set to suspend visa processing for citizens from 75 nations. However, the suspension applies only to immigrant visas, which are used by individuals seeking permanent residence in the United States. The State Department has instructed consular officers to pause processing of these applications from the affected countries while a comprehensive policy review is underway.
U.S. President Donald Trump has enacted a 25% tariff on select artificial intelligence chips, including Nvidia’s H200 AI processor and AMD’s MI325X chip. This move is designed to encourage increased domestic semiconductor production and reduce U.S. dependence on foreign manufacturing hubs such as Taiwan.
