Thailand Stock Market Index (SET 50)

SET 50 Index rose by 1.17% on Friday October 24, trading at 858.28 with a weekly gain of 2.73% and monthly gain of 3.95%. This is the highest since January 2025. The Thai government's 44 billion baht stimulus package is expected to positively impact the SET 50 Index by boosting Q4 GDP by 0.3-0.4%. This initiative aims to ease living costs and support small merchants, potentially increasing consumer spending and corporate earnings. Negative inflation in September with a 0.72% year-on-year decrease, could lead the Bank of Thailand to consider interest rate cuts. Lower interest rates typically make equities more attractive, potentially supporting the SET 50 Index. The Commerce Ministry's revised inflation forecast for the year to 0% aligns with this deflationary trend. However, the forecast for slowing economic growth with GDP expected at 1.8% in 2025, may temper investor sentiment towards the SET 50 Index. Its 52-week high was 958.59, while its 52-week low was 667.69.
Performance Technical Forecast Historical
5 Days 1 Month 3 Months 6 Months YTD 1 Year 3 Years 5 Years 10 Years
2.73% 3.95% 8.10% 17.17% -5.29% -8.20% -13.63% -5.54% -1.28%