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9 Jun 2025

Financial Markets

The Baht fell slightly later in the week while the SET dropped for four consecutive weeks

คะแนนเฉลี่ย
  • The Thai stock market dropped on sell offs of domestic institutional investors and foreign investors due to the lack of new supportive factors.
        The SET dropped on the first trading day around midweek after the long holiday of domestic market, mainly pressured by the sell-offs of stocks of a major electronic component manufacturer as the Stock Exchange of Thailand (SET) will implement the 10% limit on the weight of individual stocks in the SET50, SET50FF, SET100, and SET100FF index to reduce the influence of large-cap stocks on the index, from July 2025 onwards. Additionally, the SET was pressured by profit-taking in banking and energy stocks.
        The SET then recovered briefly before dropping again at the end of the week despite the news that leaders of US and China held a phone call, due to the lack of clear details. In addition, the SET faced sell-offs of various large-cap stocks, particularly those of a major electronic component manufacturer and a major oil refining company due to the oil spill in the open sea.
  • On Friday, June 6, 2025, the SET closed at 1,136.43 points, down 1.11% over-week. The average daily trading value was THB37,888.55 million, down 8.35% over-week. The mai closed at 238.85 points, down 0.67% over-week. 
  • June 9-13, 2025, KSecurities expects the SET to have support at 1,115 and 1,100 points, but resistance at 1,145 and 1,155 points, respectively. KResearch advises investors to watch key factors, including issues related to US tariffs, particularly trade talks between US-China, and foreign fund flows. The US economic data that warrant close monitoring include May CPI and PPI, plus Weekly Jobless Claims. Close attention must also be paid to Japan’s GDP report for 1Q-2025 and May PPI, April Industrial Production of Japan, UK and Eurozone, plus China’s May economic data such as CPI, PPI and Exports.

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Financial Markets