SET closed at 1,284.11 rising by 0.14 with a volume of 8,706,538,000 shares

On February 13, 2025, the SET index closed at 1,284.11, gaining 0.14 points, with a trading volume of 8.71 billion shares worth 53,123.74 million Baht. Market performance was mixed across other indices. Key movers included ADVANC, which surged 7.04% to 304.00 Baht, and INTUCH, which edged up 0.76% to 99.25 Baht. The total trading value amounted to 38,989.02 million Baht.

Key Points

• Market Overview (as of 13 Feb 2025, 17:11:37):
  The SET index closed at 1,284.11, marking a slight increase of +0.14 points. Highs and lows were recorded at 1,298.72 and 1,281.16, respectively. Total trading volume was 8,706,538,000 shares, with a value of 53,123.74 million Baht.
• Index Performance:
  • SET50 rose to 839.29 (+2.17), while SET50FF dropped to 805.22 (-1.59).
  • SET100 increased to 1,800.15 (+1.71), but SET100FF decreased to 1,737.69 (-5.15).
  • Sub-indices like sSET, SETCLMV, and SETWB recorded declines, with sSET at 632.02 (-6.22), SETCLMV at 646.45 (-3.48), and SETWB at 682.89 (-8.75).
• Top Stocks (as of 11 Feb 2025):
  • ADVANC surged to 304.00 Baht, up by +20.00 (+7.04%), while INTUCH increased to 99.25 Baht, up by +0.75 (+0.76%).
  • DELTA was at 115.50 Baht, gaining +1.50 (+1.32%).
  • KBANK fell to 155.00 Baht, decreasing by -3.00 (-1.90%).
  • GULF rose to 57.75 Baht, up by +1.25 (+2.21%).

Here’s a snapshot of the global market overview as of February 13, 2025:

United States:

• Wall Street: Navigating a turbulent landscape with the Federal Reserve maintaining a watchful stance on inflationary pressures. Recent data showing a stronger-than-expected labor market has fueled expectations of potential policy tightening, causing fluctuations in equity markets. The Dow Jones, S&P 500, and NASDAQ have all experienced volatility as investors digest earnings reports from key sectors, including technology and financial services.

Europe:

• European Markets: Largely buoyant, with the Euro Stoxx 50 showing positive momentum. The region grapples with energy price concerns and the ongoing impact of monetary policies. The European Central Bank’s recent decisions have been pivotal, with market participants keenly eyeing any signals of shifts in fiscal or monetary policy strategies.

Asia:

• China: Economic data indicate a tentative recovery, with gradual improvements in industrial output and consumer spending. However, ongoing geopolitical tensions and domestic challenges, such as the property market’s vulnerability, pose substantial risks. The Shanghai Composite Index is navigating these complexities with a degree of caution.
• Japan: The Nikkei has shown strength, buoyed by favorable export data and supportive fiscal policies.

Emerging Markets:

• Latin America and Africa: Experiencing capital inflows, driven by investor interest in higher yields and growth prospects. Increased commodity prices have offered some countries, particularly those rich in resources, a much-needed fiscal cushion.

Overall Sentiment:

• The overarching sentiment is one of cautious optimism, driven by improving economic data and strategic shifts in major economies, although significant concerns remain. Key themes likely to dominate the landscape include interest rate decisions by central banks, geopolitical developments, and the pace of economic recoveries post-pandemic.

In the United States, Wall Street continues to navigate a turbulent landscape as the Federal Reserve maintains a watchful stance on inflationary pressures. Recent data showing a stronger-than-expected labor market has fueled expectations of potential policy tightening, causing fluctuations in equity markets. The Dow Jones, S&P 500, and NASDAQ have all experienced volatility as investors digest earnings reports from key sectors, including technology and financial services. Big tech firms have largely outperformed expectations, providing some stability to markets amid broader concerns.

Across the Atlantic, European markets are largely buoyant, with the Euro Stoxx 50 showing positive momentum. The region grapples with energy price concerns and the ongoing impact of monetary policies. The European Central Bank’s recent decisions have been pivotal, with market participants keenly eyeing any signals of shifts in fiscal or monetary policy strategies. In the UK, the FTSE 100 reflects cautious optimism as the country deals with post-Brexit adjustments and economic recovery efforts.

In Asia, markets display a mixed yet resilient outlook. China’s economic data indicate a tentative recovery, with gradual improvements in industrial output and consumer spending. However, ongoing geopolitical tensions and domestic challenges, such as the property market’s vulnerability, pose substantial risks. The Shanghai Composite Index is navigating these complexities with a degree of caution. Meanwhile, in Japan, the Nikkei has shown strength, buoyed by favorable export data and supportive fiscal policies.

Emerging markets face their own set of challenges and opportunities. Several economies are contending with the dual pressures of inflation and currency volatility. However, increased commodity prices have offered some countries, particularly those rich in resources, a much-needed fiscal cushion. Markets in Latin America and parts of Africa are experiencing capital inflows, driven by investor interest in higher yields and growth prospects.

Looking ahead, global markets are anticipated to remain volatile as investors assimilate ongoing corporate earnings and macroeconomic data. Key themes likely to dominate the landscape include interest rate decisions by central banks, geopolitical developments, and the pace of economic recoveries post-pandemic. With a multi-faceted global outlook, investors are advised to maintain diversified portfolios and a watchful eye on potential market-moving events. As always, the intersection of economic policy, corporate performance, and geopolitical developments will shape the direction of global markets in the coming weeks.

For more detailed information, you can check out the full report here.