Thailand’s SET Index closed at 1,470.99 points, increased 22.85 points or 1.58%, with a trading value of THB 82.87 billion. The analyst stated that the Thai market rebounded along with the global markets’ trend, due to the prospect of the end of the Middle East war, after U.S. President Donald Trump signaled the withdrawal of American troops, which led to fund inflows toward risk assets.
Investors are monitoring Trump’s address tomorrow at 8.00 a.m. Bangkok time. The analyst stated that if the president ended the war, the global markets would continue on an upward trajectory.
Thailand’s Energy Regulatory Commission (ERC) has officially approved the new electricity rate for the May-August 2026 billing period at THB 3.95 per unit (excluding VAT). This decision aims to balance actual energy costs with the public’s cost of living during a period of global energy price volatility.
Thailand’s Ministry of Energy has pushed for a transparent disclosure of oil flow data throughout the supply chain to reduce public panic during the energy price crisis. The Minister also proposed a mechanism to cap the refining margin at no more than THB 3-4, with government compensation for lost revenue in the future.
President Trump said that the war with Iran is likely to conclude soon, specifying that this pullout could happen within two or three weeks. He added that the U.S. does not need to make a deal with Iran as the U.S. has completed what it came to do, which is destroying Iran’s nuclear power.
Meanwhile, Iranian President Masoud Pezeshkian indicated a readiness to end hostilities with both the U.S. and Israel. He stated that Iran possesses the necessary intention to resolve the conflict, but this is contingent upon receiving security guarantees and protecting national interests. His primary conditions for peace include the prevention of future aggression and ensuring the safety and benefits of the Iranian people.
