13 Jan 2025 Financial Markets The Baht hit a 6-week low While the SET continued to drop over-week คะแนนเฉลี่ย คะแนนเฉลี่ย 5 stars 4 stars 3 stars 2 stars 1 star The Thai stock market fluctuated during the week before falling for the second consecutive week. The SET tumbled early in the week, mainly dragged by power plant stocks due to concerns about electricity price cuts and communication stocks due to concerns about the impact of the Royal Decree on Internet Crime Prevention and Suppression. It surged later after news reporting that Donald Trump is considering scaling back his tariff plans to focus on specific industries, rather than imposing tariffs on all imports. The SET tumbled again around midweek in line with other regional stock markets, dragged by expectations that the Fed would slow the pace of rate cuts this year and the news reporting that Donal Trump is considering a national economic emergency declaration to back universal tariff plans. In addition, the SET was pressured by the case of pledging shares by major shareholders of a listed company. However, the SET rebounded somewhat at the end of the week, mainly boosted by purchases of technology stocks. Stocks in the banking and technology sectors outperformed those in other sectors this week, attributed to speculative buying ahead of the announcement of their performance results for 4Q-2024. On Friday, January 10, 2025, the SET closed at 1,367.99 points, down 1.21% over-week. The average daily trading value was THB40,287.44 million, up 22.70% over-week. The mai closed at 294.38 points, down 4.24% over-week. January 13-17, 2025, KSecurities expects the SET to have support at 1,350 and 1,330 points, but resistance at 1,380 and 1,400 points, respectively. KResearch advises investors to watch key factors, including remarks of Fed officials, 4Q-2024 performance results of Thai listed companies, particular those in the banking sector, and foreign fund flows. The US economic data that warrant close monitoring include PPI, CPI, Housing Starts, Industrial Production for December 2024, plus Weekly Jobless Claims. Close attention must also be paid to the Eurozone CPI for December 2024 , plus China’s GDP report for 4Q-2024 and economic data for December 2024 such as Retail Sales and Industrial Production. View full article Login / Register Or Enter the code from the poll Annotation This research paper is published for general public. It is made up of various sources. Trustworthy, but the company can not authenticate. reliability The information may be changed at any time without prior notice. Data users need to be careful about the use of information. The Company will not be liable to any user or person for any damages arising from such use. The information in this report does not constitute an offer. Or advice on business decisions Anyhow. Financial Markets SET Index Related Analysis View all 26 Feb 2018 Financial Markets “The Baht weakened slightly, while the SET closed at near last week’s level.” The Baht fell slightly against the US Dollar. The Baht briefly rose early in the week as the US dollar tumbled on a weak US New Home Sales report and falling US bond yields. However, the Baht reversed those gains and weakened later on the Fed Chairman’s viewpoint toward US overall economic and inflation outlooks that reinforced expectations of further US monetary tightening. However, the Dollar’s upside gains were capped later after the Fed Chairman said that there was yet to be seen any clear picture toward wage increases in the US. In addition, concern toward US trade protectionism weighed on the US Dollar sentiment. ... Read more 0 KB 0 KB 19 Feb 2018 Financial Markets “The Baht weakened, while the SET rebounded to over 1,800 points after some sell-offs.” The Baht weakened against the US Dollar. The Baht fell to mid week amid the US Dollar short-covering ahead of the release of the latest FOMC minutes. The US dollar also gained on the US rate-hike outlook and rising US bond yields. However, the Baht pared some losses somewhat later in the week on investors’ position adjustments. ... Read more 0 KB 0 KB 12 Feb 2018 Financial Markets “The Baht bounced back to over a 4-year high, and the SET rose over 1,800 points.” ... Read more 0 KB 0 KB 5 Feb 2018 Financial Markets “The Baht weakened as the SET faced foreign investor sell-offs throughout the week.” ... Read more 0 KB 0 KB 29 Jan 2018 Financial Markets “The Baht traded in a narrow range, while the SET followed foreign factors.” ... Read more 0 KB 0 KB 22 Jan 2018 Financial Markets “The Baht hit an over 4-year high, while the SET improved late in the week.” ... Read more 0 KB 0 KB View all