BWG’s corporate rating upgraded to “BBB” with a stable outlook due to strong financials and debt reduction.

Comment: On paper – this company should be amazing, in reality…meh.

CIMBT aims to expand its IFA team to 500 by year-end, targeting 10–15% AUM growth.

DELTA, dubbed the “backbone” of the SET Index, hit a 6-month high with a 264% price gain. Analysts expect continued record profits through H2/25 into 2026, but most recommend “sell” as the stock is considered overvalued. The consensus target price ranges from THB 65–196, with an average of THB 125.

Comment: It’s the key driver for the index going up/down…

DEMCO shareholders approved 187.74mn warrants (4:1 ratio) for business expansion.

Comment: What donkey business is the new group playing here.

JAS will receive THB 5.13bn from NT for underwater cable revenue sharing by Oct 10.

JMT successfully repaid THB 3.375bn in bonds on schedule, strengthening investor confidence.

Comment: Was never a risk…and now just wait and see when the national AMC gets going…

ONSENS saw strong reception on its IPO debut, planning new branches and expecting revenue growth above 18.7% for 2025.

Comment: Great first half day pump – it’s a good start for retail to get greedy and gambling again. – the next step is to see such names continue moving over the next few trading days and then you know that the market is “Back”

TRIS Rating downgraded the credit ratings of 13 listed companies (MJD, SGP, ICC, TTCL, CHAYO, PF, SA, PRIME, TPIPL, TPIPP, AQUA, IVL and SQ) in Q3/2025, mainly due to weaker-than-expected earnings and rising debt. Energy and real estate sectors were notably affected. An additional seven companies had their outlooks revised to “Negative,” raising concerns over potential credibility impacts.

Comment: Now they downgrade….

Gold prices reached USD 3,977/oz (≈THB 61,100) amid global central bank purchases, U.S. government shutdown concerns, and political changes in France and Japan. YLG forecasts gold to test USD 4,000–4,435/oz (THB 61,600–68,000).

Kasikorn Research revised 2025 inflation forecast down to –0.1% due to weak purchasing power and lower energy/commodity prices, signalling increased risk of deflation.

SET Prepares Jump+ Roadshow in Hong Kong. The Stock Exchange of Thailand (SET) will meet institutional investors in Hong Kong to showcase its Jump+ program. Currently, 67 companies have joined, with larger firms expected to participate. SET aims to attract foreign fund inflows as demand for Thai equities remains strong.

Cabinet approved a new Economic Policy Committee, with Anutin presiding, to oversee economic, fiscal, financial, tax and tourism policies. Meetings will be held biweekly to streamline policy review and coordination.