25.02.202604:11:56UTC+00Thailand Stocks Hit 3-Year High

Thailand’s SET 50 Index rose 1.48% to around 1,015, its highest level since January 2023, as broad-based gains across sectors lifted market sentiment. Retail and energy shares led the rally, with notable advances in Shopify (+0.55%), Delta Electronics (+4.03%), PTT Public (+2.72%), and Advanced Info Service (+3.55%). Optimism was further supported by strong foreign investment flows: in January, investment applications reached THB 33.8 billion, up 46% year-on-year. Much of this capital is targeting advanced technology, AI, EVs, clean energy, and agri-business, aligning with the government’s drive to attract foreign investment into strategic growth sectors. Earlier in the week, developments on US tariffs added to the upbeat mood. Caretaker Finance Minister Ekniti Nitithanprapas said the new uniform 15% import tariff is expected to lift GDP growth above 2% and give a short-term boost to exports, supporting economic expansion in the first half of the year.