# Thai Stock Market Outlook on 9 May 2025

- Link: https://www.thailand-business-news.com/markets/217412-thai-stock-market-outlook-on-9-may-2025
- Published: 2025-05-09T10:10:31+07:00
- Author: Abhishek Prakash

The Thai stock market on **9 May 2025** is expected to move **sideways-up**, following
the positive momentum in Asian markets. The **SET Index** has a **resistance level
at 1,220 points** and a **support level at 1,200 points**.

Key factors influencing the market today:

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 * **Global Market Trends**: The U.S. stock market surged after President Donald
   Trump announced a successful trade negotiation with the United Kingdom.
 * **Investor Sentiment**: Investors are awaiting the **U.S.-China trade talks**
   and **China’s import/export figures**, which are expected to be released today.
 * **Domestic Drivers**: The Thai market is supported by **strong Q1 earnings** 
   from listed companies.

Yesterday, the **SET Index closed at 1,206.59 points**, down **13.68 points (-1.12%)**,
with a trading value of **THB 42.69 billion**.

The Thai stock market on **9 May 2025** is expected to see strong performance in
the following sectors:

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 * **Energy**: Rising global oil prices are boosting energy stocks, with investors
   showing confidence in oil and gas companies.
 * **Commerce**: Retail and consumer goods companies are benefiting from fiscal 
   stimulus and steady domestic demand.
 * **Telecommunications**: The sector remains resilient, supported by strong earnings
   and continued digital transformation.
 * **Agriculture & Food**: Increased exports and stable commodity prices are driving
   growth in this sector.
 * **Consumer Finance**: Financial services firms are expected to perform well due
   to stable interest rates and strong loan demand.

Looking ahead, market participants will closely monitor U.S. jobs data due Friday
and Thailand’s first-quarter GDP figures, set for release next week. A stronger-
than-expected economic performance could revive confidence, but further global turbulence
may prolong the slump. For now, traders advise caution as the market navigates a
fragile recovery.

_Sources: Thai Commerce Ministry, Krungthai Bank, Investment Analysts Association_