Bangkok: The Stock Exchange of Thailand (SET) is closely monitoring the tense situation in the Middle East and has measures in place to support the market in case of emergencies to ensure that trading can continue normally. The SET is also hopeful that ongoing Thai-US trade negotiations will yield positive results. Meanwhile, the Association of Investment Management Companies (AIMC) revealed that the Thai ESGX fund has attracted new investments worth 2 billion baht, transferred from Long-Term Funds (LTF) totaling 8 billion baht, with 140 billion baht remaining in LTFs.

According to Thai News Agency, Mr. Asadej Kongsiri, Director and Managing Director of the SET, emphasized during a seminar that mutual funds, including tax-saving funds like LTF, RMF, and SSF, remain viable investment options. The latest fund, Thai ESGX, focuses on ESG principles and is designed to offer tax benefits and promote long-term savings for retirement. These initiatives have received government support in the past.

Mr. Kongsiri also highlighted the importance of financial knowledge and regular updates on financial news for effective investment decision-making. He advised investors to choose funds suitable for their age and risk tolerance, and to diversify their portfolios during market volatility and economic uncertainty. He noted that the global situation remains volatile, with evolving US-China negotiations and Middle East conflicts, such as Israel’s recent attack on Iran. The SET is prepared to act in emergency situations to maintain regular trading operations.

However, if a severe situation arises, the SET has measures in place to assist investors in making careful decisions. These emergency measures are adaptable to unforeseen events, as the SET prioritizes factual analysis before taking action. The outcome of the Thai-US negotiations remains pending, but there is optimism about positive results within the set timeframe.

Mrs. Chavida Hanratanakul, President of AIMC, noted during the seminar that the Thai ESGX fund has seen 2 billion baht in new investments, with 8 billion baht switched from LTFs to benefit from tax advantages. With 140 billion baht remaining in LTF assets and a deadline of June 30, 2025, there is a brief period left for further transitions. The full extent of the LTF to ESGX switches remains uncertain at this stage.