The Baht weakened while the SET declined, but rebounded somewhat towards the end of the week

• The Thai stock market declined amid foreign investor sell-offs but managed to recover some of its losses towards the end of the week.
  
  The SET Index fell from the beginning of the week amid concerns over the prolonged conflict in the Middle East, rising US government bond yields, and the impact of flooding in Bangkok and its vicinity, which triggered sell-offs across several sectors, led by financial and transportation. In addition, quarter-end selling pressure for 3Q-2026 from foreign and domestic institutional investors also contributed to the sharp decline in the SET Index.
  
  However, after breaking below the 1,600-point level and falling by nearly 50 points, the SET Index managed to recover some of its losses during the remainder of the week. The rebound was supported by purchases in several sectors, led by banking, technology, and energy, which also benefited from rising global oil prices following reports that the US was preparing to deploy additional troops and aircraft carrier to the Middle East.
• On Friday, October 2, 2026, the SET closed at 1,571.62 points, down 2.24 percent over-week. The average daily trading value was THB79,674.84 million, up 22.26 percent over-week. The mai closed at 221.56 points, down 1.28 percent over-week.
• During October 5-9, 2026, KSecurities expects the SET to have support at 1,550 and 1,525 points, but resistance at 1,590 and 1,615 points, respectively. KResearch advises investors to watch key factors, including Thailand's September CPI, flooding situation in Thailand, developments in the Middle East, and foreign capital flows. US economic data that warrants close monitoring includes September Services ISM/PMI, FOMC meeting, plus weekly jobless claims. Other important overseas economic indicators to monitor include September Services PMI of Japan, Eurozone and UK, plus Eurozone's August PPI and Retail Sales. ​

​​