Thailand’s SET Index closed at 1,571.74 points, decreasing by 5.91 points or 0.37%, with a trading value of THB 55.93 billion. The analyst stated that the Thai stock market traded sideways in negative territory, pressured by the refinery and petrochemical sectors, following a rise in global oil supply.
DELTA also saw downward sentiment as its parent company, Delta Taiwan, is among one of the companies that faced a patent infringement probe by the USITC, with a complaint from Vicor.
However, these pressures are offset by banking, power plant, and finance buying over positive sentiment in the data center-AI investment theme, amid the current IMF-World Bank Annual Meetings.
For Wednesday, the analyst expects the Thai market to continue trading sideways.
At the 2026 IMF-World Bank Annual Meetings in Bangkok, global economic leaders and host officials gathered to address how artificial intelligence can foster job creation and sustainable growth across developing and emerging economies.
Leaders from the first high-level panel, titled “In Conversation: Small AI: More and Better Jobs,” presented a unified vision: while large-scale AI models present disruption risks in advanced markets, practical “Small AI” applications—running on lightweight infrastructure and accessible mobile devices—offer transformative potential to boost productivity, expand local employment, and bridge economic divides across lower-income nations.
Another key panel includes a discussion titled “Shaping the Future of Asia Book Launch.” The session examined the structural forces transforming the region, assessing how Asian economies can navigate demographic shifts, technological disruptions, and heightened global trade fragmentation.
On the geopolitical front, U.S. President Donald Trump announced that Russia and Ukraine had agreed to pause attacks on each other’s energy infrastructure, while also calling for Ukrainian President Volodymyr Zelenskyy to step down, criticizing Kyiv’s assaults on Russian oil facilities
Trump’s recent comments came as he promoted an “energy ceasefire,” claiming on his social media platform that both Moscow and Kyiv would stop targeting infrastructure linked to oil and fuel supplies.
