ET 22:32

Thai Stocks Set to Open Higher, Tracking Regional Gains

IMP3.5
SNT+0.3
CONF60%
Macro

Thailand's benchmark SET Index is expected to open in positive territory on May 29, 2026, extending a cautious recovery as global risk sentiment improves. The index is poised to follow gains in other Asian markets after U.S. equities advanced overnight, easing immediate concerns over trade policy uncertainty. The SET Index closed at 1,385.72 on May 28, gaining 0.6%, with buying concentrated in energy and banking shares. Analysts pointed to stabilizing crude oil prices and a weaker Thai baht as supportive factors for export-oriented sectors. The expected opening advance reflects a broader regional uptick, with Japan's Nikkei 225 and South Korea's Kospi also rising in early trade. Investors are awaiting Thailand's April industrial production data, due later in the session, for further direction on the economic recovery path.

EditorTan Wei Jie