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22 Jun 2026

Financial Markets

The Baht weakened while the SET declined throughout the week

คะแนนเฉลี่ย
•    The Thai stock market declined throughout the week after closing higher for seven consecutive weeks.
The Thai stock market fell throughout the week, despite early support from news reports that the US and Iran had reached an initial agreement to end the war. The Thai stock market faced major pressure from sell-offs in shares of a major electronics component manufacturer due to company-specific factors, as well as energy stocks following a decline in global oil prices. In addition, during the week, the Fed signaled the possibility of at least one interest rate hike this year, even though the Fed meeting results were in line with market expectations.
The Thai stock market continued to weaken towards the end of the week as there were no new supporting factors, coupled with reports about the cancellation of negotiations to end the war between the US and Iran, scheduled to take place in Switzerland, bringing renewed concerns over tensions in the Middle East.
 
•    On Friday, June 19, 2026, the SET closed at 1,572.50 points, down 1.25 percent over-week. The average daily trading value was THB72,029.40 million, up 15.47 percent over-week. The mai closed at 219.30 points, up 0.86 percent over-week.
•    During June 22-26, 2026, KSecurities expects the SET to have support at 1,560 and 1,540 points, but resistance at 1,610 and 1,625 points, respectively. KResearch advises investors to watch key factors, including BOT’s MPC meeting (June 24), Thailand’s May Exports, developments in the Middle East, and foreign capital flows. US economic data that merits close watch includes June Manufacturing and Services PMI (Flash), May New Home Sales, PCE/Core PCE Price Index, GDP report for 1Q-2026, plus weekly jobless claims. Other important overseas economic indicators to monitor include China’s June LPR and June Manufacturing and Services PMI (Flash) of Japan, Eurozone and UK. 

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Financial Markets