27 Jan 2025 Financial Markets The Baht hit a 2-1/2 month high while the SET rose over-week after falling for 3 consecutive weeks คะแนนเฉลี่ย คะแนนเฉลี่ย 5 stars 4 stars 3 stars 2 stars 1 star • The Thai stock market fluctuated but closed above last week’s level. The SET moved in a narrow range early in the week before surging around midweek in line with other regional stock markets, as investors were less concerns somewhat about international trade conflicts after US president Donald Trump appeared to soften his stance on tariffs. The SET was also boosted by the purchases of banking stocks due to the better-than-expected performance results for 4Q-2024, and technology stocks in line with the trend of US technology stocks. However, the SET tumbled later amid profit-taking by foreign investors after having responded to the above positive factors. Banking stocks (after the release of performance results) and energy stocks (affected by falling global oil prices faced) sharp sell-offs. The SET rose again at the end of the week following foreign stock markets after Donald Trump hinted that he will demand that interest rates drop immediately and other central banks should lower interest rates as well.• On Friday, January 24, 2025, the SET closed at 1,354.07 points, up 1.00% over-week. The average daily trading value was THB34,664.20 million, down 21.84% over-week. The mai closed at 286.79 points, up 4.07% over-week. • January 27-31, 2025, KSecurities expects the SET to have support at 1,345 and 1,330 points, but resistance at 1,360 and 1,375 points, respectively. KResearch advises investors to watch key factors, including FOMC meeting (January 28-29), 4Q-2024 performance results of Thai listed companies, policies of US president Donald Trump, and foreign fund flows. The US economic data that warrant close monitoring include New Home Sales, Durable Goods Orders, Personal Income and Outlays, PCE/Core PCE Price Index for December 2024, GDP report for 4Q-2024, plus Weekly Jobless Claims. Close attention must also be paid to Eurozone’s GDP report for 4Q-2024, the upcoming ECB meeting, China’s Manufacturing and Services PMI for January 2025 and Industrial Profits for December 2024, plus Japan’s Retail Sales and Industrial Production for December 2024. 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