17 Feb 2025 Financial Markets The Baht rose on the surging global gold prices while the SET dropped for three consecutive weeks คะแนนเฉลี่ย คะแนนเฉลี่ย 5 stars 4 stars 3 stars 2 stars 1 star The Thai stock market fluctuated during the week before dropping at the end of the week. The SET tumbled early in the week amid continuing concerns about trade wars after the US announced tariff hikes on all steel and aluminum imports into the US. However, the SET rose later as investors were less concerned somewhat about such tariff issue after seeing limited impact on Thailand. In addition, the SET was boosted by the news regarding the revision of long-term fund (LTF) scheme aimed to support Thai stock market and purchases of large-cap stocks, particularly technology stocks. The SET tumbled again at the end of the week, pressured by sell-offs of large-cap stocks, especially those of an airport operator as its latest quarterly performance results came out weaker than expected. The trading sentiment was also dragged by the uncertainties surrounding trade wars after the US prepares to impose reciprocal tariffs for every trading partner that taxes US imports. On Friday, February 14, 2025, the SET closed at 1,272.10 points, down 0.78% over-week. The average daily trading value was THB46,399.60 million, down 4.98% over-week. The mai closed at 260.54 points, down 0.72% over-week. February 17-21, 2025, KSecurities expects the SET to have support at 1,250 and 1,235 points, but resistance at 1,300 and 1,310 points, respectively. KResearch advises investors to watch key factors, including Thailand’s GDP report for 4Q-2024, Fed officials’ remarks, policies of US president Donald Trump, and foreign fund flows. The US economic data that warrant close monitoring include January Housing Starts, Existing Home Sales, February Manufacturing and Services PMI (Flash), FOMC meeting minutes, plus Weekly Jobless Claims. Close attention must also be paid to Japan’s GDP report for 4Q-2024, China’s February LPR, Japan’s January CPI, plus February Manufacturing and Services PMI (Flash) of Japan, Eurozone and UK. 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