26 May 2025 Financial Markets The Baht hit a 7-1/2 month high while the SET continued to drop despite foreign investors’ net buying คะแนนเฉลี่ย คะแนนเฉลี่ย 5 stars 4 stars 3 stars 2 stars 1 star • The Thai stock market dropped for two consecutive weeks despite foreign investors’ net buying. The SET dropped early in the week due to concerns about Thailand’s economic outlook (NESDC revealed that the Thai economy in the first quarter of 2025 expanded by 3.1%, while the whole year GDP was revised down to 1.8%) before briefly rising on the purchases of banking stocks. The SET tumbled again around midweek due to continued concerns over Thailand’s economic outlook as being pressured by the postponement of Digital Wallet stimulus scheme, plus domestic institutional investors’ sell-offs. In addition, the market sentiment was affected by regional bouses that tumbled along with US market as a tax bill pushed by the Trump administration could drive US debt higher. However, the SET recovered somewhat at the end of the week in line with other regional bourses. • On Friday, May 23, 2025, the SET closed at 1,176.36 points, down 1.62% over-week. The average daily trading value was THB40,766.85 million, down 7.61% over-week. The mai closed at 245.27 points, down 1.13% over-week. • May 26-30, 2025, KSecurities expects the SET to have support at 1,165 and 1,140 points, but resistance at 1,185 and 1,200 points, respectively. KResearch advises investors to watch key factors, including remarks of Fed Chairman and other Fed officials, trade negotiations between US and its trading partners, and foreign fund flows. The US economic data that warrant close monitoring include April Durable Goods Orders, Personal Income and Outlays, PCE/Core PCE Price Index, FOMC minutes, GDP report for 1Q-2025 (Prelim), plus Weekly Jobless Claims. Close attention must also be paid to China’s April Industrial Profits, plus Japan’s April Retail Sales and Industrial Production. 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