Thai Stock Market Nears 1,500-Point Threshold Amid Selling Pressure
The Stock Exchange of Thailand index fell to 1,507.20 points on November 2, 2026, despite continued net buying by foreign investors.
On November 2, 2026, the Stock Exchange of Thailand (SET) index closed at 1,507.20 points, marking a decline of 11.39 points. According to Prachachat Business, the market faced significant downward pressure from heavy selling in major stocks, specifically DELTA, which fell below the 200-baht mark, and energy sector stocks like PTTEP. This decline occurred despite foreign investors maintaining a net buying position for the second consecutive day, totaling 995 million baht. Conversely, brokerage firms were identified as major sellers, offloading 1,331 million baht in shares. For residents and expatriates, this market volatility reflects broader economic uncertainties. While the stock market performance does not directly impact daily living costs, it serves as a barometer for investor confidence in the Thai economy. Market analysts are currently monitoring external factors, including the upcoming U.S. midterm elections and the ongoing geopolitical situation in the Middle East, which may influence future market stability. Investors and observers should await further data to see if the index will hold above the 1,500-point support level or face further corrections in the coming sessions.
