Thai Stock Market Drops Below 1,550 Points Amid Global and Local Pressures
The Stock Exchange of Thailand (SET) index fell by 21.50 points, closing below the 1,550-point threshold as major stocks declined.
On October 29, 2026, the Stock Exchange of Thailand (SET) experienced a significant downturn, with the index dropping by 21.50 points to close below the 1,550-point level. Trading volume reached nearly 69 billion baht. According to Prachachat Business, the decline was driven by heavy selling in major stocks, including DELTA, PTTGC, SCC, and TOP. Market analysts from the Stock Exchange of Thailand (SET) attributed the downward pressure to rising U.S. bond yields, which have triggered capital outflows across global markets. Additionally, investor sentiment was dampened by concerns regarding the restructuring of domestic energy prices and corporate earnings reports that fell short of market expectations. For residents and expatriates, this market volatility reflects broader economic shifts that could influence local purchasing power and investment climates. While the immediate impact on daily life remains limited, those with financial interests in Thailand should monitor how energy policy adjustments and global interest rate trends evolve. It remains to be confirmed how long this bearish trend will persist and whether upcoming government policy interventions will stabilize the market in the coming weeks.
