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14 Jul 2025

Financial Markets

เงินบาทพลิกกลับมาแข็งค่า สอดคล้องกับดัชนีหุ้นไทยที่พลิกกลับมาปิดสัปดาห์ในแดนบวก

คะแนนเฉลี่ย
  • The Thai stock market experienced volatility this week, but closed slightly higher than the previous week. 
        The SET rose slightly early in the week, driven by expectations of a potential policy rate cut by the BOT’s MPC, following Thailand’s continued negative inflation in June, despite pressure from the news that the US plans to tighten its export controls on artificial intelligence (AI) chips to Thailand and Malaysia. However, the SET dropped sharply until the middle of the week amid  reports that the US has confirmed reciprocal tariffs on Thai goods at 36%, higher than neighboring countries. This triggered profit-taking across various sectors, especially electronics components.  Notably, the decline was not too steep, as the market viewed the US remains open  to further negotiations, as reflected by the postponement of the tariff enforcement from July 9 to August 1.
        The SET rebounded at the end of the week, supported by purchases of stocks of a major energy company following news of new investments in renewable power plants and those of big-cap stocks ahead of the announcement of 2Q-2025 performance results. Investors continued to closely monitor developments regarding US tariff policy.  
  • On Friday, July 11, 2025, the SET closed at 1,121.13 points, up 0.11% over-week. The average daily trading value was THB30,128.95 million, down 19.27% over-week. The mai closed at 236.42 points, up 0.80% over-week. 
  • July 14-18, 2025, KSecurities expects the SET to have support at 1,110 and 1,100 points, but resistance at 1,130 and 1,145 points, respectively. KResearch advises investors to watch key factors, including 2Q-2025 performance results of Thai listed companies, particular banking sector, issues related to US reciprocal tariffs, and foreign fund flows. The US economic data that warrant close monitoring include June CPI, PPI, Industrial Production, Retail Sales, and Housing Starts, plus Weekly Jobless Claims. Close attention must also be paid to Japan’s and Eurozone’s May Industrial Production, Japan’s and Eurozone’s June CPI, plus China’s GDP report for 2Q-2025 and June economic data such as Exports, Retail Sales, Industrial Production and Fixed Asset Investment.

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Financial Markets