Thailand’s SET Index closed at 1,354.01 points, increased 7.78 points or 0.58%, with a trading value of THB 47.47 billion. The analyst stated that the Thai market surged opposite to foreign markets due to fund inflows ahead of the February 8 election.
For next week, the analyst expects the Thai market to exhibit upward movement in anticipation of a new government. The best-case scenario is a coalition between the Bhumjaithai Party and the Pheu Thai, while a coalition of the People’s Party and the Bhumjaithai Party may surprise the market.
India is preparing to commit up to $80 billion for the purchase of Boeing aircraft, following the conclusion of a new bilateral trade agreement with the United States, highlighting the nation’s intent to expand commercial ties with the U.S.
The U.S. government has urged its citizens to depart from Iran immediately, citing ongoing increased security measures, road closures, public transportation disruptions, and widespread internet blockages across the country. The U.S. Virtual Embassy Iran recommends American citizens to use land routes to Armenia or Türkiye, as reliance on government assistance cannot be guaranteed.
Thai technology startup, Line Man Wongnai, backed by Singapore’s GIC, is evaluating an initial public offering (IPO) in either Hong Kong or New York amid declining investor confidence and limited fundraising opportunities in the domestic equity market.
