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

29 Jun 2026

Financial Markets

The Baht weakened past the THB33.00/USD mark while the SET continued to drop over-week

คะแนนเฉลี่ย
•    The Thai stock market fluctuated before closing lower at the end of the week.
The Thai stock market rose early in the week, supported by banking stocks, but the upside was limited by big-lot transaction of shares in a major energy company due to company-specific factors. However, the SET index later dropped sharply due to foreign investors’ sell-offs, in line with international bourses, where investment sentiment was weighed down by global tech rout, causing electronics component manufacturing stocks to lead the decline.
The SET Index gradually recovered during the week, supported by news reports on domestic tourism stimulus measures, and the decision by the BOT’s MPC to upwardly revised Thailand’s 2026 GDP growth forecast to 2.3% from 1.5%, which stimulated buying interest in several sectors. The SET Index declined again towards the end of the week, facing renewed pressure from sell-offs in electronics component manufacturing stocks. In addition, news reports of a cargo ship being attacked in the Strait of Hormuz, shortly after the US and Iran had reached a temporary ceasefire agreement, also weighed on investment sentiment.
 
•    On Friday, June 26, 2026, the SET closed at 1,542.34 points, down 1.92 percent over-week. The average daily trading value was THB78,357.29 million, up 8.79 percent over-week. The mai closed at 220.28 points, up 0.45 percent over-week.
•    During June 29 – July 3, 2026, KSecurities expects the SET to have support at 1,535 and 1,520 points, but resistance at 1,565 and 1,575 points, respectively. KResearch advises investors to watch key factors, including developments in the Middle East, and foreign capital flows. US economic data that merits close watch includes June Manufacturing ISM/PMI, Non-farm Payrolls and Unemployment Rate, plus weekly jobless claims. Other important overseas economic indicators to monitor include Japan’s May Retail Sales, Eurozone’s June CPI, plus June Manufacturing and Services PMI of China, Japan, Eurozone and UK. 

View full article


Financial Markets