Thailand's SET1 index falls 0.6% to 1,259.42 at close

Thailand's SET1 index falls 0.6% to 1,259.42 at close

The Thailand SET1 index experienced a 0.6% decline, closing at 1,259.42 on July 2, 2025. This decrease comes amidst ongoing geopolitical tensions and economic uncertainties [2].

The day's market performance was influenced by various factors, including the Bank of Thailand's (BOT) recent decision to cut its policy rate and the broader impact of U.S. trade policies. The BOT's accommodative monetary policy aims to boost the economy, which has been facing challenges from domestic instability and tariff headwinds [1].

The index's performance also reflects the broader sentiment in Southeast Asian markets, which have been grappling with economic and U.S. tariff worries. Thailand's new trade proposal offering zero tariffs on many U.S. goods has been seen as a strategic move to mitigate the impact of U.S. trade policies [2].

Investors are keeping a close eye on political developments in Thailand, as the suspended Prime Minister Paetongtarn Shinawatra awaits a court decision that could significantly impact economic sentiment and growth prospects [1].

References:

[1] https://www.marketscreener.com/news/bank-of-thailand-resumes-rate-cuts-to-boost-economy-update-ce7c51dbdb80fe2d
[2] https://www.investing.com/indices/thailand-set