Thai Stocks Feb 17: Swing Trade, Watch US-Iran Talks & Fed Speech

Prachachat•Economy•19h ago

Reader Briefing

Thai stock market trades sideways on February 17th, influenced by cautious fund flows and anticipation of US-Iran talks and Federal Reserve speeches.

•The Stock Exchange of Thailand (SET) index is expected to fluctuate within a trading range on February 17th, with limited fund inflows.
•Key external factors to monitor include ongoing US-Iran negotiations and speeches from Federal Reserve officials.
•Domestic economic data shows Thailand's GDP in 4Q68 accelerated to +2.5% YoY, contributing to a 2.4% growth for the full year 2025.
•The Board of Investment (BOI) approved a 2.3 billion THB investment from HDD manufacturer 'WD' for HAMR research, boosting the data center industry.

•On February 17, the SET index is expected to swing sideways while awaiting new factors.
•Innovex Securities forecasts the SET to trade sideways today (Feb 17) with slowing fund flow purchases.
•Thailand's economy in 4Q68 accelerated to +2.5% YoY, higher than market expectations, due to private consumption (+3.3%) and total investment (+8.1%).
•The full-year growth for 2025 is 2.4%, and for 2026, the NESDC expects Thailand's economy to grow around 2.0% (range 1.5-2.5%).
•BOI approved investment promotion for HDD manufacturer 'WD' worth 2.3 billion THB to proceed with HAMR research.
•The Office of the Energy Policy and Planning is considering a new 25-year PDP (2026-2050), focusing on increasing RE and CCS projects.
•Japan's 4Q68 GDP expanded by 0.2% YoY, narrowly avoiding a technical recession but falling short of market expectations.
•The second round of negotiations between the US and Iran in Geneva is scheduled for this evening (Feb 17) to discuss energy, mining investment, and aircraft sales.

Full article content is available on the original source.

Innovex Securities(บล.อินโนเวสท์ เอกซ์)

Securities firm providing analysis on the Thai stock market.

Federal Reserve officials(กรรมการเฟด)ℹ️

Members of the US central bank whose speeches are being monitored for monetary policy clues.

Krungthai Bank, a recommended stock for investment.

CHG

A recommended stock for investment, likely a healthcare provider.

NESDC(สภาพัฒน์)ℹ️

The National Economic and Social Development Council, reporting on Thailand's economic performance.

The Board of Investment, responsible for approving foreign investment projects in Thailand.

Western Digital, a manufacturer of HDDs whose investment in HAMR research was approved.

Office of Energy Policy and Planning(สำนักงานนโยบายและแผนพลังงาน)

Government agency involved in developing Thailand's energy policy and plans.

WHA Corporation, an industrial estate developer, potentially benefiting from data center growth.

Amata Corporation, an industrial estate developer, potentially benefiting from data center growth.