The SET fell to about 1,560 on 30 September, a 3-month low. Analysts link the selloff to negative real interest rates, expensive oil from the Strait of Hormuz closure, and a weaker baht, which drove about 40,000 million baht of capital outflow over two months. Analysts see the baht as a cost driver: imported oil and food may get pricier, and the Bank of Thailand is unlikely to raise rates soon. Analysts expect the outflow may not last long, and their watch points are oil above 100-105 USD per barrel and the US dollar. For a business, this means reviewing import costs, fuel and food input budgets, and keeping borrowing plans flexible. The article gives no direct guidance for SMEs.