UOB Kay Hian: Thai stock market likely to be supported by improved economic outlook

Golden Ten Data, July 6 — UOB Kay Hian analysts stated that the Thai stock market is expected to benefit from improved economic prospects and remain optimistic about the market in July. The institution pointed out that the Bank of Thailand recently raised the 2026 GDP growth forecast from 1.5% to 2.3%. Inflation remains at a reasonable level, staying within the central bank’s 1%-3% target range. The current real negative interest rate environment is likely to direct funds from the government bond market into the stock market, offering investors opportunities for returns that outpace inflation.