Thailand Stocks Plunge Over 5% After Holiday Break

Thailand stocks dropped over 5% at open following a holiday, after the Stock Exchange implemented short-selling bans amidst concerns over US tariffs and trade tensions.

Thailand’s stock market opened with a decline of over four percent on Tuesday after a national holiday, having previously avoided the global market turmoil. The Stock Exchange of Thailand (SET) index fell nearly 63 points from the previous close of 1,061, a significant drop compared to its recent high of around 1,400.

• As of April 8, 2025, the market status is open with a total trading volume of 1,721,295 thousand shares.
• The SET, SET50, SET100, and other indices have experienced a decrease, with the SETTRI showing a significant drop of 278.73 points (-3.15%).
• The trading value shows a net outflow of funds from institutions and foreign investors, while individual investors have a net inflow.

In response to the anticipated impact of U.S. trade tariffs, the SET imposed a ban on short-selling for most stocks and reduced price fluctuation limits. This decision followed tariffs of 36 percent on Thai exports to the United States, the country’s largest trading partner.

This marked a continuation of a challenging year for Thai equities, with year-to-date losses reportedly exceeding 20%, reflecting the country’s vulnerability as a trade-reliant emerging economy amid worsening international trade conditions.

On April 8, 2025, at 11:21:48 local time. The market is open, and the total trading volume is 1,721,295 thousand shares. The SET index is at 1,063.45, down by 61.76 points.

The SET50 index is at 674.08, down by 41.09 points, and the SET100 index is at 1,451.84, down by 88.84 points. Other indices like SET50FF, SET100FF, sSET, SETCLMV, SETHD, SETESG, and SETWB are also listed with their respective last values and changes.

The total trading value for institutions, proprietary traders, foreign traders, and individual traders is also provided, with individual traders having the highest net buying value.

Approaching the 1000-point level

As of April 8, 2025, the Stock Exchange of Thailand (SET) index has indeed come under significant pressure, with reports and market sentiment suggesting it is approaching the 1000-point level. After a holiday break, the SET opened with a plunge of over 5%, reflecting broader concerns tied to global trade tensions, particularly following U.S. President Donald Trump’s tariff announcements.

This volatility has fueled fears that the index could test the psychological 1000-point threshold, a level not seen in recent years and one that would signal a deeper downturn for Thai equities. Various analyses have highlighted this risk, with some users noting the index briefly dipping below 1100 points, raising speculation about a further slide to 1000. Thailand’s trade-dependent economy is particularly sensitive to such external shocks, and with year-to-date losses already exceeding 20%, the SET’s trajectory remains a focal point for investors. While no exact closing figure is confirmed for today yet, the market’s sharp decline at the open aligns with the narrative of testing that critical 1000 limit.