Thai SET Index Poised for Gains on June 2, Tracking Wall Street Rally

The Thai stock market is expected to open higher on Tuesday, June 2, 2026, as positive cues from U.S. markets and easing domestic political tensions buoy investor sentiment. The benchmark SET Index is forecast to rise about 0.5% at the open, after closing down 0.3% on Monday at 1,485.65. Overnight, Wall Street advanced on strong manufacturing data, lifting Asian futures. Energy and banking shares are likely to lead the recovery, with PTT and Siam Commercial Bank seen as top picks. Foreign investors, who unloaded a net THB 1.2 billion on Monday, could reverse their selling amid improved risk appetite. The market is also drawing support from expectations that the Bank of Thailand will hold its key rate steady at 2.50% on June 4. Technically, the SET Index bounced off the 1,480 support level, signaling a potential short-term bottom. Trading volumes are expected to remain light ahead of a public holiday on June 5. The index faces resistance at 1,510, analysts said.