DBS Bank: The Thai stock market may continue to be volatile.
Analysts from DBS Group Research Department wrote in a report that the Thai stock market may continue to be volatile in the short term. Global risk appetite continues to be dominated by geopolitical developments, particularly the ongoing conflicts in the Middle East. Oil prices may remain high, leading to periodic risk aversion in global markets, which usually results in capital outflows from emerging markets including Thailand. DBS Group maintains its end-2026 target for the Thailand Stock Exchange Index at 1500 points. The Thailand Stock Exchange Index fell by 3.0% to 1367.58 points.
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