19 May 2025 Financial Markets The Baht weakened, while the SET fell on foreign and domestic institutional investors’ sell-offs คะแนนเฉลี่ย คะแนนเฉลี่ย 5 stars 4 stars 3 stars 2 stars 1 star The SET closed below 1,200 points even as it was boosted by news regarding the US-China trade talks early in the week. The SET rose early in the week in line with other bourses, boosted by the news that US and China have reached a temporary trade agreement on May 12 to drastically roll back tariffs on each other’s goods, which eased investors’ concerns about a trade war and stimulated the purchases of various stocks, particularly those in the technology and energy sectors. However, the SET tumbled later after having responded to such positive factor, facing sell-offs of various stocks, particularly those of banking stocks, energy stocks (affected by falling global energy prices) and stocks of an airport operator (due to the disappointment quarterly performance results). In addition, the SET was dragged by sell-offs of matured LTFs that were not transferred to Thai ESGX funds. The SET moved within a narrow range at the end of the week despite the news that Thai Commerce Minister held talks with the US Trade Representative, as investors were cautious ahead of the announcement of Thailand’s GDP report on May 19. On Friday, May 16, 2025, the SET closed at 1,195.77 points, down 1.25% over-week. The average daily trading value was THB44,122.66 million, down 2.63% over-week. The mai closed at 248.08 points, down 2.43% over-week. May 19-23, 2025, KSecurities expects the SET to have support at 1,185 and 1,165 points, but resistance at 1,220 and 1,230 points, respectively. KResearch advises investors to watch key factors, including Thailand’s GDP report for 1Q-2025, trade negotiations between US and its trading partners, and foreign fund flows. The US economic data that warrant close monitoring include May Manufacturing and Services PMI (Flash), April Existing Home Sales, plus Weekly Jobless Claims. Close attention must also be paid to April CPI of Eurozone, UK and Japan, May Manufacturing and Services PMI (Flash) of Japan, Eurozone and UK, China’s May LPR and April economic data such as Industrial Production, Retail Sales, and Fixed Asset Investment. 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