On Wednesday at 2:48 PM (Bangkok time), the share price of Srisawad Corporation Public Company Limited (SET: SAWAD) dropped by 2.44% or THB 0.75 to THB 30.00, with a trading value of THB 171.88 million.
Muangthai Capital Public Company Limited (SET: MTC) lost 1.83% or THB 0.75 to THB 40.25, with a trading value of THB 302.43 million.
Krungthai Card Public Company Limited (SET: KTC) decreased by 0.79% or THB 0.25 to THB 31.50, with a trading value of THB 498.15 million.
Tidlor Holdings Public Company Limited (SET: TIDLOR) contracted by 0.98% or THB 0.20 to THB 20.30, with a trading value of THB 112.63 million.
Krungsri Securities (KSS) stated that the Bank of Thailand’s Monetary Policy Committee (MPC) voted to keep its policy rate unchanged at 1.50%, with five members supporting a hold and two members favoring a rate cut.
Although the MPC decided not to lower the policy rate in this meeting, both KSS and Krungsri Research expect a 25 basis point reduction at the committee’s next meeting toward the end of 2025. The analyst maintains the outlook that Thailand’s interest rate trajectory will move downward this year.
In the short term, the decision to hold rates is seen as a negative sentiment for hire purchase and high-debt sectors. However, the brokerage firm recommends investors gradually accumulate shares during price weakness, particularly in financial names such as MTC and KTC, and retail stocks including CPALL and BJC.
