Thailand SET index falls 0.7 to 01,522.56 at open
TL;DR
Thailand's SET index fell 0.7% to 1,522.56 at open, driven by global monetary policy concerns and Fed tapering fears, though local factors like economic reopening hopes provided some support.
Thailand SET index falls 0.7 to 01,522.56 at open
Thailand SET Index Falls 0.7% Amid Global Monetary Policy Concerns
The Stock Exchange of Thailand (SET) Index closed at 1,605.68 on Thursday, February 26, 2026, declining 11.30 points (0.70%) amid growing concerns over the U.S. Federal Reserve's potential tapering of quantitative easing and rising inflation according to market analysis. Trading volume reached 90.65 billion baht, with the index fluctuating between a high of 1,621.15 and a low of 1,601.79 during the session. This followed a modest 0.03% gain on Wednesday, highlighting continued investor caution.
Krungsri Securities noted that the index's performance was weighed down by a lack of positive sentiment, particularly as the Fed signaled an accelerated timeline for reducing stimulus and raising interest rates according to financial reports. These global monetary policy shifts have increased pressure on emerging markets, including Thailand, where foreign capital flows may slow. However, analysts observed that localized factors, such as increased buying interest in stocks with sector-specific optimism and hopes for a post-pandemic economic reopening, provided some support to the index as market data shows.
Among the top 10 most traded stocks by value were KBANK, GUNKUL, SCB, TRUE, UBE, PTT, AOT, BBL, DELTA, and PTTEP according to trading data. Regional markets showed mixed results, with China's Shanghai Composite rising 0.90% and South Korea's KOSPI gaining 0.28%, while Japan's Nikkei and Hong Kong's Hang Seng indices declined as regional indices indicate.
The baht remains vulnerable to short-term volatility due to external risks, including global interest rate trends and internal economic uncertainties according to economic analysis. Investors are closely monitoring developments in Thailand's pandemic recovery and domestic policy responses as potential catalysts for market stability.
For now, the SET faces a delicate balance between global headwinds and localized optimism, with Krungsri Securities forecasting intraday fluctuations between 1,610 and 1,630 points in the near term as analysts forecast.
