Market Roundup

• India is accelerating its electronics and space ambitions by expanding manufacturing incentives and entering the private orbital launch sector to reshape its tech ecosystem. • South Korea's Seoul Semiconductor is currently in early talks with several state governments to establish an LED manufacturing plant, leveraging the ISM 2.0 incentive scheme. • Despite these gains, the smartphone market is facing significant pressure due to global memory shortages, inflation, and rising component costs, which have weakened handset sales.

• The White House issued a Presidential Memorandum on July 23, 2026, establishing penalties for economies that fail to prohibit or enforce laws against goods produced with forced labor. • The U.S. Trade Representative (USTR) will determine which nations are penalized based on their effectiveness in combating forced labor imports. • In separate economic news, Thailand reported a strong surge in trade, with June 2026 exports increasing by 20.8% compared to June 2025.

• Global finance highlights for July 5–11, 2026, focused on TCS earnings, oil price fluctuations, Federal Reserve updates, and India's economic growth. • Market activity was driven by the ongoing global race to establish AI-powered economies and the impact of macroeconomic shifts on valuation models. • These developments are critical for finance professionals as interest rates and inflation directly influence mergers, acquisitions, and corporate finance decisions.

• Thailand has secured over $4.1 billion (approximately 137 billion baht) in investment pledges for its electric vehicle supply chain. • These investments aim to solidify Thailand's position as the primary automotive manufacturing hub in Southeast Asia as global carmakers shift toward clean energy. • Analysts expect the Thai stock market to move sideways next week as investors await U.S. inflation data and a decision on a THB 400 billion loan decree.

• Thailand’s SET Index closed at 1,591.24 points on June 30, 2026, marking an increase of 13.43 points or 0.85%. • The market saw a total trading value of THB 91.87 billion, driven by strong buying pressure in large-cap stocks. • This growth is attributed to significant fund inflows into specific sectors, allowing the Thai market to extend its recent gains.

• Thailand’s SET Index closed at 1,542.34 points on June 26, 2026, marking a decrease of 16.21 points or 1.04%. • The total trading value for the session reached THB 66.47 billion, reflecting significant activity despite the downward trend. • This decline highlights current volatility within the Thai stock market amidst broader global economic developments.

• Thailand’s SET Index closed at 1,540.90 points on June 23, 2026, marking a significant decline of 33.23 points or 2.11%. • The market saw a total trading value of THB 114.17 billion during the session. • This downturn reflects broader volatility within the Thai and foreign stock markets and the global economy.