16 Apr 2025 Financial Markets The Baht strengthened while the SET surged around midweek following US reciprocal tariff issues คะแนนเฉลี่ย คะแนนเฉลี่ย 5 stars 4 stars 3 stars 2 stars 1 star • The Thai stock market continued to fluctuate following US reciprocal tariff issues. The SET tumbled early in the week amid concerns about the impact of US reciprocal tariffs, falling more than 50 points and hitting its new lowest in 5 years at 1,056.41 points. The decline was in line with other bourses, which also dropped sharply. Having closely monitored the situation, the Stock Exchange of Thailand (SET) announced the implementation of Ceiling & Floor limits, Dynamic Price Band, and short-selling (during April 8-11) to reduce market volatility. However, the SET gradually recovered from midweek, driven by purchases of large-cap stocks, particularly those of banking, energy and retail stocks that saw a sharp drop in prices earlier. It later surged in line with other bourses after US President Donald Trump announced 90-day pause on reciprocal tariffs with the exception of China. The gains were capped at the end of the week amid cautious investor sentiment ahead of Thailand’s weekend holidays, coupled with ongoing concerns about the US-China trade war. • On Friday, April 11, 2025, the SET closed at 1,128.66 points, up 0.31% over-week. The average daily trading value was THB50,675.44 million, up 39.90% over-week. The mai closed at 232.35 points, down 2.48% over-week. • April 16-18, 2025, KSecurities expects the SET to have support at 1,100 and 1,085 points, but resistance at 1,145 and 1,155 points, respectively. KResearch advises investors to watch key factors, including 1Q-2025 performance results of Thailand’s listed companies, trade conflicts between US and its trading partners, Fed officials’ remarks, and foreign fund flows. The US economic data that warrant close monitoring include March Retail Sales, Industrial Production, Housing Starts, plus Weekly Jobless Claims. Close attention must also be paid to ECB meeting, March CPI of Eurozone, UK and Japan, plus China’s GDP report for 1Q-2025 and March economic data such as Retail Sales, Industrial Production 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