Market Roundup 23 January 2026

Thailand’s SET Index closed at 1,314.39 points, increased 2.75 points or 0.21%, with a trading value of THB 50.90 billion. The analyst stated that the Thai market pared gains in the afternoon session due to an end-of-the-week selloff, with most of the trading volume coming from TRUE. Additionally, there were also selling pressures from stocks with anticipated lackluster 4Q25 earnings due to domestic negative factors.

Meanwhile, the situation surrounding Greenland remains uncertain.

For next week, the analyst said that the market movements are expected to rely on TRUE and DELTA, while anticipating a positive factor from the election rally.

 

Thailand’s exports in December 2025 totaled $28.92 billion, an increase of 16.8% compared to the same period last year and marking the 18th consecutive month of expansion. Excluding oil-related products, gold, and military equipment, exports grew by 16.6%.

 

Japan’s key inflation indicators cooled considerably in December, with the headline rate slipping to 2.1%—the lowest since March 2022.

Meanwhile, the Bank of Japan (BOJ) opted to leave its key interest rate unchanged at 0.75%, while updating its projections to reflect higher growth and inflation.

 

Vietnam has reappointed To Lam as general secretary of its Communist Party, cementing his authority for the next five years. The continuation of his leadership comes as the party adopts aggressive economic growth targets and commits to deepening ongoing reforms.

 

President Donald Trump initiated a $5 billion lawsuit against JPMorgan Chase and its CEO Jamie Dimon, alleging that the bank discontinued financial services for him and his organizations for political reasons following his departure from the White House in January 2021.