Foreign holdings of Thai stocks peak

Foreign investor holdings in Thai stocks reached a new record high of 6.11 trillion baht in January, representing 37.1% of the total market capitalisation and reflecting growing overseas interest in the equities market, says the Stock Exchange of Thailand (SET).

- NUNTAWUN POLKUAMDEE

Despite a net seller position, data compiled by the SET shows the value of foreign holdings has steadily increased over the past several years. Foreign investors held 5.13 trillion baht, or 26.5% of market capitalisation, in December 2021. The figure rose to 6.02 trillion baht (29.6%) in 2022, before easing to 5.11 trillion (29.4%) in 2023.

Holdings increased again to 5.83 trillion baht (33.8%) in 2024, followed by 5.61 trillion baht (35.7%) last year, then hit anew peak of 6.11 trillion in the first month of 2026. The baht was 31.39 to the US dollar as of Jan 30, based on figures compiled by the Bank of Thailand.