The Thai stock market saw significant fluctuations on February 28, 2025, influenced by various economic indicators and investor sentiments. The Stock Exchange of Thailand (SET) index experienced notable movements throughout the trading session, reflecting the broader economic environment and the impact of global market trends.
According to eFinanceThai, several prominent securities exhibited considerable swings. For example, the SET5041C2506D recorded the most significant swing, with drastic changes throughout the day, showing the volatility present within the market. The last recorded price was 0.27 Baht, reflecting zero percent change, yet the 24-hour high had peaked at 0.29 Baht, illustrating investor uncertainty.
Market analysts attributed such fluctuations to the rapidly changing economic conditions both locally and internationally. The Chief Analyst at XYZ Securities noted, "The markets are responding to domestic economic policies as well as international pressures like rising inflation rates or changes in foreign exchange rates." Hence, it's not surprising to see various securities, including HSI28P2504F and SET5013P2506E, demonstrate notable price volatility.
One of the other influential factors affecting market sentiments on this date was the exchange rate of the Thai Baht. The Bank of Thailand reported the average exchange rate to be 34.113 Baht per U.S. dollar. This relatively strong Baht, when compared to previous months, added to the market's dynamic, as exporters and importers adjusted their strategies based on currency valuation.
Despite the fluctuations, there are signals of potential stabilization as key economic data is expected to be revealed. Investors are particularly wary of upcoming announcements from the U.S. Federal Reserve on interest rates, as these decisions often lead to market shifts across the globe.
On February 28, 2025, another area of interest for Thai investors was the gold market. The Gold Traders Association announced during the same period, adjustments reflected a decrease of 50 Baht per Baht of gold, closing prices at 46,300 Baht for the selling price of bullion gold, and 46,800 Baht for gold ornaments. This shift exemplifies the interconnection between stock and commodity markets and how they react to broader economic indicators.
Investor sentiment remains cautious but optimistic. Local traders note how external macroeconomic indicators influence domestic markets, leading many to adopt wait-and-see approaches as they prepare for longer-term strategies rather than speculative trading.
Looking forward, analysts predict substantial market adjustments in March, particularly with upcoming political meetings and economic policy discussions slated to take place during the sessions of the National People's Congress and Chinese People's Political Consultative Conference. Such high-profile economic forums usually lead to wider market impacts, especially for sectors correlated to trade agreements and supply chains linked to China.
Retail investors are advised to keep themselves informed of market trends and analyses to navigate these fluctuative times successfully. The Thai stock market's performance on February 28, 2025, serves as a reminder of the complex variables at play within national and international contexts, highlighting the importance of strategic investment decisions.