Stocks in Thailand Hit 4-year High

Thailand’s SET50 Index rose 0.8% to 1,034 around midday on Thursday, building strength from the prior session and hitting its highest level since early 2022, amid robust foreign fund inflows and reports of more than 14 million international visitors in the first five months of 2026. Meanwhile, factory activity in Thailand grew for the 13th straight month in May, supported by faster new orders and stronger business confidence, adding to the bullish momentum. However, escalating geopolitical and trade tensions capped further gains. Simultaneously, April's private consumption fell the most since mid-July, as higher energy costs squeezed Thailand's households. Industrial services, producer manufacturing, and consumer durables were among the top movers, with notable movers including Airports of Thailand (4.0%), Cal-Comp Electronics (2.0%), Bangkok Dusit Medical Services (1.1%), and Carabao Group (1.2%).

SET 50 increased to 1033.00 Index Points, the highest since March 2022. Over the past 4 weeks, Thailand SET 50 Index gained 6.07%, and in the last 12 months, it increased 40.38%.

Thailand’s SET50 Index climbed 1.2% to 983 around midday on Wednesday, rebounding after two subdued sessions. Sentiment improved as U.S. stock futures surged following President Trump’s decision to delay a contentious escort operation in the Strait of Hormuz and upbeat earnings from major tech firms. Meanwhile, factory activity in Thailand expanded for a 12th straight month in April, though growth moderated amid a slowdown in output, new orders, and buying levels. Gains were capped, however, by fresh data showing consumer inflation in Thailand rose 2.89% in April, marking the highest level since February 2023 and nearing the upper end of the central bank’s 1%–3% target, amid mounting risks from Middle East tensions. Industrial services, process industries, and logistics advanced, with notable movers including Advanced Info Service (1.5%), Airports of Thailand (2.4%), Asset World Corp. (2.9%), and Berli Jucker (3.6%).