Foreign funds have returned to Thai equities as global risk appetite improves. Foreign funds have returned to Thai equities as global risk appetite improves, yet analysts caution about potential downward pressure, noting risks remain regarding trade retaliation and geopolitical spillovers that temporarily receded. "Foreign investors have begun to re-enter the Thai stock market amid a more supportive global backdrop," he said. Asia Plus Securities (ASPS) issued a broadly constructive but cautious view, noting the Thai market is supported by improving global sentiment, but external risks remain elevated. According to Setsmart data, foreign investors were net buyers of Thai equities valued at 5.5 billion baht from Jan 3-21.
