Foreign holdings in Thai equities dip 24% as SET tanks

Foreign investors’ holdings in Thai equities fell by 24%, equivalent to a loss of 1.4 trillion baht, in the first half of 2025 from the end of 2024, according to the Stock Exchange of Thailand (SET).

- NUNTAWUN POLKUAMDEE

This decline occurred as the SET index fell by 22.2%.

Foreign investors still account for 33% of total market capitalisation, with investment focused in the electronics components, banking, and information and communication technology (ICT) sectors.

According to a study of stock ownership by the SET that covered 854 listed companies with a total market capitalisation of 13.4 trillion baht, or 97.9% of the overall market at the end of June, foreign investors maintained a shareholding proportion similar to the end of last year.

At the end of 2024, foreign investors held shares in 868 listed companies with a combined value of 5.84 trillion baht, representing 33.8% of total market capitalisation.