8 Apr 2025 Financial Markets The Baht tumbled while the SET hit its lowest in 5 years at the end of the week คะแนนเฉลี่ย คะแนนเฉลี่ย 5 stars 4 stars 3 stars 2 stars 1 star • The Thai stock market tumbled at the end of the week amid concerns about the impact of US reciprocal tariffs. The SET dropped early in the week amid concerns about the impact of earthquake that struck Thailand on March 28, causing sell-offs across all sectors, particularly those of real estate and banking stocks deemed to be the most affected by the earthquake. However, construction materials stocks, expected to benefit from such event, and outperformed those in other sectors. Later, the SET recovered somewhat until midweek as market assessed the earthquake as a short-term negative factor before dropping sharply again after US announced its reciprocal tariff rates on its trading partners (starting from April 9), and Thailand was among countries subjected to high import tariffs. Such negative factor caused investors to sell off stocks across all sectors to reduce risk exposure. The SET continued to drop towards the end of the week in line with other foreign stock markets and hit its lowest in 5 years at 1,122.51 points. Nonetheless, finance stocks outperformed those in other sectors, as boosted by expectations of Thailand’s policy rate cut. On Friday, April 4, 2025, the SET closed at 1,125.21 points, down 4.27% over-week. The average daily trading value was THB36,223.10 million, up 44.04% over-week. The mai closed at 238.26 points, down 1.91% over-week. April 8-11, 2025, KSecurities expects the SET to have support at 1,110 and 1,100 points, but resistance at 1,135 and 1,150 points, respectively. KResearch advises investors to watch key factors, including trade conflicts between US and its trading partners, and foreign fund flows. The US economic data that warrant close monitoring include March CPI and PPI, FOMC minutes (March 18-19), plus Weekly Jobless Claims. Close attention must also be paid to China’s March CPI and PPI, Japan’s March PPI, and Eurozone’s February Retail Sales. 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