Thailand’s SET Index closed at 1,504.88 points, increasing by 5.82 points or 0.39%, with a trading value of THB 62.43 billion. The analyst stated that the Thai stock market outperformed the regional markets largely due to support from the banking sector. Investors speculate that the National Economic and Social Development Council (NESDC) will raise Thailand’s GDP guidance after a revision to the Manufacturing Production Index (MPI).
Furthermore, the broader investment growth has also bolstered the Thai listed banking names.
For next week, the analyst expects the Thai market to test the 1,520-point threshold.
UBS has raised its Thailand rating to “Overweight”, citing stronger foreign direct investment, exposure to the global technology cycle and more appealing valuations. The bank sees investment in artificial intelligence and digital infrastructure as potential support for a market recovery despite subdued domestic consumption.
Mr. Asadej Kongsiri, President of the Stock Exchange of Thailand, stated that as the final quarter of 2026 approaches, supporting catalysts continue to drive investment in the Thai stock market. Notably, domestic investment inflows, particularly from tax-incentive funds such as ThaiESG and Retirement Mutual Funds (RMF), are expected to enter the market in the range of THB 20-30 billion by year-end.
