28 Apr 2025 Financial Markets The Baht weakened in line with selling pressure in the global gold market while the SET surged at the end of the week คะแนนเฉลี่ย คะแนนเฉลี่ย 5 stars 4 stars 3 stars 2 stars 1 star The Thai stock market moved within a volatile range but closed higher for the third consecutive weeks. The SET tumbled early in the week amid concerns about the US-China trade war following the news that the US plans to use tariff negotiations to isolate China and China vows to retaliate against countries that cooperate with US, plus the postponement of trade talks between Thailand and US. Such negative factors caused profit-taking in stocks across all sectors, especially banking after the release of performance results. The SET then rebounded during the middle of the week following the purchases of energy and technology stocks, coupled with investors’ positive expectations about trade negotiations between US and major trading partners like Japan and India. In addition, the market was boosted by US softening stance on China, possibly refraining from imposing high tariffs on Chinese imports. However, the SET was briefly dragged by China’s aggressive stance against US and profit-taking in energy stocks before surging again at the end of the week in line with regional bourses. It was mainly boosted by the purchases of stocks of a major electronics producer following US technology stocks. On Friday, April 25, 2025, the SET closed at 1,159.00 points, up 0.70% over-week. The average daily trading value was THB36,044.79 million, up 9.53% over-week. The mai closed at 257.93 points, up 2.28% over-week. April 28 – May 2, 2025, KSecurities expects the SET to have support at 1,140 and 1,125 points, but resistance at 1,175 and 1,190 points, respectively. KResearch advises investors to watch key factors, including the BOT’s MPC meeting (April 30), 1Q-2025 performance results of Thailand’s listed companies, trade conflicts between US and its trading partners, and foreign fund flows. The US economic data that warrant close monitoring include March Personal Income and Outlays, PCE/Core PCE Price Index, April ADP Employment Report, Manufacturing ISM/PMI, Nonfarm Payrolls and Unemployment Rate, GDP report for 1Q-2025, plus Weekly Jobless Claims. Close attention must also be paid to BOJ meeting, April Manufacturing PMI of China, Japan, UK and Eurozone, plus Eurozone’s GDP report for 1Q-2025 and April CPI (Flash). 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