Thai bourse sees continued foreign outflows amid calls for policy clarity

Foreign investors have sold more than THB400bn (USD11bn) in Thai equities over the past three years, citing a lack of policy clarity and economic headwinds, according to the Stock Exchange of Thailand (SET). In 2025 alone, net foreign outflows have reached THB70.7bn. SET officials, speaking after a recent investor roadshow in Singapore, said market participants are seeking consistent infrastructure policies and support for revising foreign ownership limits in sectors like banking and tourism. Despite strong corporate earnings and dividend yields, the SET Index has dropped nearly 18% year-to-date amid global volatility, weakened exports, and investor caution following MSCI index adjustments. Foreign investors still dominate trading, accounting for 55.3% of turnover.