Thai Market Bounces Back but Faces Global Trade Concerns

Thai stock market shows slight recovery, but global trade woes loom. The index rises 0.25%, led by gains in key sectors, though concerns over new tariffs from the U.S. cast a shadow.

Date: 26-05-2025

AI Rating: 6

Market Overview and Key Sectors
On Friday, the Thai stock market rebounded slightly, closing higher after two consecutive days of decline. The SET index saw a modest increase of 2.99 points (0.25%), amid gains in sectors such as food, finance, property, and resources. However, declines in consumer, industrial, and services stocks capped the overall growth.

Global Impact
The report highlights significant external factors affecting market performance, notably concerns regarding trade policies initiated by the U.S. The potential 50% tariff threat on European imports has conditioned global market sentiment, contributing to downward pressure across major indices, including the Dow, NASDAQ, and S&P 500. As these global trends typically influence investor sentiment in the Thai market, we may see volatility in the coming trading sessions.

Sector Performance
Despite the general upward trend, certain stocks reflected mixed performance. For instance, Advanced Info Technology fell, while Asset World surged. This suggests that select stocks may be reacting to individual company news or broader market trends. The split in sector performance reflects a possible divergence in investor confidence amidst the prevailing global uncertainties.

Economic Indicators
Further economic indicators are forthcoming as Thailand is due to release April data regarding imports, exports, and trade balance. The previous month had shown promising growth in both imports (up 10.2%) and exports (up 17.8%), contributing to a trade surplus. These numbers will be critical for gauging the resilience of Thailand’s economy against the backdrop of ongoing global trade tensions.

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