Bangkok: Thai stocks closed at their highest level in 50 months, with the Stock Exchange of Thailand (SET) ending July 2026 at 1,623.64 points. This marks a 2% increase from the previous month and a significant 28.9% rise from the end of 2025, driven by sustained foreign investment inflows.
According to Thai News Agency, Mr. Chatchai Thissadoldilok, Assistant Manager and Head of Research at SET, highlighted that the Thai stock market remained resilient in the face of global technology stock corrections. This resilience is attributed to the diverse composition of Thailand's market sectors and strong supporting fundamentals, such as the upward revision of the country's economic growth forecast for 2026 by the Ministry of Finance from 1.6% to 2.5%. Additionally, earnings forecasts for Thai listed companies have been revised upwards. The resources and financial sectors outperformed other sectors in July, while technology and industrial goods sectors have led the market year-to-date.
The average daily trading value of the SET and mai in July 2026 was 87,397 million baht, marking a 105% increase from the same period last year. For the first seven months of the year, the average daily trading value was 69,174 million baht, a 64.8% increase compared to last year. Foreign investors were net buyers for the third consecutive month, with net purchases totaling 48,864 million baht in July. From the beginning of the year to the end of July, foreign investors made net purchases amounting to 75,864 million baht, accounting for 54.3% of the total trading value.
The Thailand Futures Exchange (TFEX) saw an average daily trading volume of 563,065 contracts, a 10.7% decrease from the previous month, largely due to declines in SET50 Index Futures, Gold Online Futures, and Currency Futures. However, the total average daily trading volume for the first seven months of 2026 was projected at 554,436 contracts, a 30.2% increase from the same period last year.
Mr. Assadej Kongsiri, Director and President of SET, stated that the continuous fund flow, currently at 76 billion baht, indicates rising investment levels. Government policies promoting investment and increased private sector activity point to robust foreign direct investment, positioning the SET as increasingly attractive with the potential to reach 1,700 points. Mr. Kongsiri anticipates improved economic growth and stressed the importance of monitoring the progress of the Economic and Social Development Council (ESSC).
SET also announced details of Thailand Focus 2026, scheduled for August 26-28. This 20th edition of the event will include participation from 78 Thai listed companies and 10 ASEAN companies, representing 74% of the total market capitalization, approximately 15 trillion baht. The event will coincide with the IMF-WORLD Bank meeting Thailand will host in October.