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09.07.202606:24:15UTC+00Thailand Stocks Rally on Investment Boost, Rising Consumer Mood

Thailand’s SET50 Index rose 13 points, or 1.2%, to 1,053 on Thursday afternoon, snapping a three-day losing streak as stronger U.S. futures improved sentiment following Wall Street’s mixed close and cautionary Fed minutes. Domestically, momentum was supported by the Board of Investment’s approval of nine projects worth nearly USD 2 billion across AI, advanced electronics, aviation, clean energy, and food, aimed at bolstering long-term competitiveness. June consumer sentiment climbed to a three-month high, breaking a four-month decline, helped by easing Middle East tensions and Bangkok’s broad subsidy program to contain living costs. Producer manufacturing and electronic technology stocks led the advance, followed by utilities, industrial services, and retail. However, Bank of Thailand board members warned that prolonged policy easing could erode fiscal and monetary buffers and potentially pressure the country’s credit ratings. Notable gainers included Asset World Corp. (+3.2%), Bangkok Bank (+2.4%), and Cal-Comp Electronics (+3.6%).

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