Global Market: European markets fall as Middle East tensions push oil prices higher - The Economic Times

• Thailand’s SET Index closed at 1,595.16 points at the end of August 2026, marking a 26.6 percent gain since the end of 2025. • Listed companies reported a 22.2 percent year-on-year increase in net profit for the first six months of 2026.

• Asian shares and U.S. futures declined on Tuesday as escalating conflict in the Middle East drove oil prices higher. • South Korea’s Kospi index fell 0.6% to 6,954.52, while Hong Kong’s Hang Seng lost 0.3% to 25,345.04.

• Thailand’s SET Index closed at 1,617.89 points on September 9, 2026, marking a decrease of 4.00 points. • The market saw a total trading value of THB 81.33 billion, representing a 0.25% drop.

• The Stock Exchange of Thailand is listing 28 new depositary receipts, which are certificates representing shares of foreign stocks. • The new lineup includes major global firms such as Intel, Dell, Palantir, Airbus, and Chinese chip-equipment maker Advanced Micro-Fabrication Equipment Inc.

• European oil stocks rose recently as escalating tensions in the Middle East pushed crude oil prices toward $100 per barrel. • Market data indicates that crude oil is approaching the $100 price threshold due to the regional instability.

• Oil prices fluctuated during recent Asian and European trading sessions following attacks on US and Iranian vessels and Saudi energy facilities. • Prices initially attempted to rally beyond $100 per barrel before returning to $97 per barrel.

• Japan's real wages grew by 2.4% year-on-year in July, marking the strongest growth since May 2021. • Total cash earnings rose by 4.7%, which is the largest increase recorded since January 1997.

• Eurowag reported growth for the first half of 2026 driven by an increase in platform usage. • The company is shifting toward indirect sales and digital onboarding to reduce the cost of acquiring every new customer.

• Eurowag reported an 11% increase in revenue for the first half of 2026. • Platform usage surged to 65% as new truck registrations across the company's markets grew 10% year-over-year.

• Investors are betting on the Euro's strength based on expected hawkish rhetoric from the European Central Bank. • Market volatility is rising as 10-year Treasury yields hover near 4.8% and oil prices climb due to strikes between Iran and the US.

• The European Central Bank Governing Council began its meeting on Wednesday, September 9, 2026, amid expectations for a final interest rate hike. • A Reuters poll shows most economists expect Thursday's decision to be the second and final increase in the shortest hiking campaign in fifteen years.