FX.co ★ Thailand Stocks Extend Gains to 2022 High

Thailand’s SET50 Index climbed 0.8% to 1,034 around midday on Thursday, extending gains from the previous session and marking its highest level since early 2022. Sentiment was supported by solid foreign fund inflows and reports that Thailand welcomed over 14 million international visitors in the first five months of 2026. Factory activity also expanded for a 13th consecutive month in May, driven by faster growth in new orders and improved business confidence, further reinforcing the positive outlook. Still, rising geopolitical and trade tensions limited additional upside. At the same time, private consumption in April posted its steepest decline since mid-July, as higher energy costs weighed on households. Industrial services, producer manufacturing, and consumer durables were among the top-performing sectors, with notable gainers including Airports of Thailand (up 4.0%), Cal-Comp Electronics (2.0%), Bangkok Dusit Medical Services (1.1%), and Carabao Group (1.2%).