Market Roundup 29 April 2026

Thailand’s SET Index closed at 1,491.74 points, increased 11.54 points or 0.78%, with a trading value of THB 57.08 billion. The analyst stated that the Thai market sharply surged due to buying forces in the banking and energy sectors, as well as other groups, following the release of the 1Q26 financial statements.

Meanwhile, the Monetary Policy Committee unanimously voted to maintain the interest rate at 1% as anticipated.

For tomorrow, the analyst expects the Thai market to move sideways within a narrow range, recommending investors closely monitor further earnings reports and the conclusion of the Federal Reserve meeting tonight. The central bank is forecast to maintain its policy rates.

 

Thailand’s Monetary Policy Committee voted to maintain the policy rate at 1% in its latest meeting, stating that the current policy rate remains appropriate to support a slowing economy and navigate heightened uncertainty, while the increase in inflation is driven by supply-side factors related to the ongoing war in the Middle East.

 

The Thailand Board of Investment (BOI) announced first-quarter 2026 investment applications exceeding THB 1.01 trillion ($31.8 billion) across more than 600 projects, led by the Digital and Electronics sectors riding the AI wave. Singapore, the United Kingdom, and Japan recorded the highest investment values, reaffirming Thailand’s role as a destination for the industries of the future.

 

The National Energy Policy Council (NEPC) has approved two key energy agendas: a progressive tariff rate for residential electricity users and the promotion of rooftop solar power generation for citizens. These measures are expected to reduce long-term energy spending, promote clean energy usage, and liberalize the electricity market.