Display mode (Doesn't show in master page preview)

25 Aug 2025

Financial Markets

The Baht and the SET both declined from the previous week

คะแนนเฉลี่ย
• The SET fluctuated but closed slightly lower than the previous week. 
        The SET dropped sharply early in the week following the end of 2Q-2025 earnings announcements, coupled with renewed investor concerns over domestic political situation. The Thai bourse also experienced additional pressure came from continued sell-offs in shares of a major airline company, which reported a significant rise earlier, as well as a major telecommunications company following its ex-dividend date (XD), and major energy companies following the decline in global oil prices. 
        However, the SET rebounded midweek, led by petrochemical shares, which were expected to benefit from the South Korean government’s announcement for production cuts in the sector. The SET rose again towards the end of the week as political concerns eased slightly after the Criminal Court acquitted former Thai prime minister in the royal insult case. Nonetheless, political developments remain a key issue to monitor, especially in the coming week. Purchases of electronics component shares also helped support the SET towards the end of the week. 

• On Friday, August 22, 2025, the SET closed at 1,253.39 points, down 0.48% over-week. The average daily trading value was THB41,839.42 million, down 28.41% over-week. The mai closed at 251.47 points, up 1.23% over-week. 
• August 25-29, 2025, KSecurities expects the SET to have support at 1,240 and 1,215 points, but resistance at 1,260 and 1,285 points, respectively. KResearch advises investors to watch key factors, including Thailand’s July Exports, domestic political issues, and foreign fund flows. The US economic data that warrant close monitoring include July New Home Sales, Durable Goods Orders, Personal Income and Outlays, PCE/Core PCE Price index, GDP report for 2Q-2025, plus Weekly Jobless Claims. Close attention must also be paid to China’s July Industrial Profits, plus Japan’s July Retail Sales and Industrial Production.

View full article


Financial Markets