Thailand’s SET Index closed at 1,436.60, up 0.07%. The Thai cabinet approved a THB 10,000 handout program for 14.5 million citizens.
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Thailand’s SET Index closed at 1,436.60, up 0.07%. The Thai cabinet approved a THB 10,000 handout program for 14.5 million citizens. Kittiratt Na-Ranong is endorsed as the new BOT chairman.
Thailand’s Stock Market Update
Thailand’s SET Index closed at 1,436.60 points, a slight increase of 1.07 points or 0.07%, with a trading value of 54.39 billion baht. Analysts noted narrow trading in line with other Asian markets as investors remained cautious ahead of the US Federal Reserve’s meeting. The market also lacked significant domestic catalysts during this period. It is expected that the market will continue to trade sideways tomorrow.
Government Initiatives and Appointments
The Thai cabinet approved a THB 10,000 ‘Handout’ program for 14.5 million vulnerable citizens, with a budget of THB 145.55 billion, starting on September 25, 2024. The subsidy will be managed by the Read more…