News

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.

From defending the 4,000 level to testing 4,200, gold is undergoing a test of “buyer identity”! Weak economic data provided the initial boost, but a further confirmation is needed to distinguish between a rebound and a reversal. At this point, which side—bulls or bears—has a greater chance of prevailing?

Glonghui, July 6th—Small Wall Street companies are demonstrating strength that exceeds their size. The Russell 2000 Index, which tracks small-cap stocks, surged about 22% in the first six months of this year. This marks the index’s best first-half performance since 1991, outpacing the Nasdaq Composite Index by around 9 percentage points, reaching its largest lead for the same period since 2006. Just last week, the index set consecutive record closing highs for four trading days in a row. For years, the market had been dominated by AI giants with trillion-dollar market capitalizations, while small-cap stocks often remained a bright spot that was overlooked. Some investors see this as a sign that the recent rally—previously limited mainly to large chip companies such as Intel or Micron Technology—is finally spreading to other corners of the market.