SET expects fund flows to return after IMF-World Bank meetings
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Asadej Kongsiri, director and manager of the Stock Exchange of Thailand, said he expects fund flows to return and buy heavily on a net basis in the Thai stock market after the conclusion of the annual meetings of the Boards of Governors of the World Bank Group and the International Monetary Fund, or IMF-World Bank, because the government has communicated the country's economic policies and direction on the global stage. From the joint roadshow with the prime minister in New York and London, they met senior executives of more than 40 large funds that expressed interest in the Thai stock market. They viewed the continued net selling in the recent period as a short-term factor driven by bond yields touching around 5%, which pressured foreign investors to sell stocks worldwide, especially in Asia, and not only in the Thai stock market. Chatchai Thisadolidilok, assistant manager and head of research at the SET, said earnings of listed companies this year have been revised up by about 23.9%, in line with the Thai stock index, which has risen 25% from the start of the year to the present as of October 7, 2026, while the forward P/E has fallen below its five-year average and the earnings yield gap stands at 5.17%. As for the case of brokers allowing foreign clients to buy and sell Thai stocks through the brokers' own investment portfolios, or prop trade, Asadej said it can be done and does not violate trading rules, but a conclusion must be reached on whether it will be counted as trading value of the broker's account, or P account, or of foreign investors, or F account. At present it is counted as foreign. The Stock Exchange of Thailand will meet and discuss the matter with member securities companies again on October 28, and will also discuss it with the Securities and Exchange Commission.