Thailand’s SET Index dropped 12.62 points due to energy stock selloff and profit-taking in major stocks. Global markets remain attentive to US inflation data and potential Federal Reserve rate changes, while EU companies in China show decreased investment willingness.
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Thailand’s SET Index dropped 12.62 points due to energy stock selloff and profit-taking in major stocks. Global markets remain attentive to US inflation data and potential Federal Reserve rate changes, while EU companies in China show decreased investment willingness. OPEC lowered oil demand forecasts; Trump-Harris debate impacts betting odds. UK economy stagnates with varied sector performance.
Thailand Stock Market Decline
Thailand’s SET Index dropped to 1,415.41 points, down by 12.62 points or 0.88%, with a trading value of 73.98 billion baht. Analysts attributed the decline to a selloff in energy and oil refinery stocks following a slump in oil prices. Additionally, profit-taking in prominent stocks like SCC and retail stocks further pressured the index.
Investors remained focused on upcoming US inflation data, fearing that poor results could prompt the US Federal Reserve to…