Mr. Suchet Suktae, Deputy Managing Director, Media Marketing Department of ASL Securities, during “Kaohoon” program on November 25, 2025, expects today’s support and resistance levels for Stock Exchange of Thailand (SET) Index to be 1,250 – 1,248 points and 1,263/1,270 points, respectively.
ASL Securities has also estimated support and resistance levels for specific stocks, the details are as follows:
- The Siam Cement PCL (SET: SCC): THB 179/176.50 per share and THB 186/189 per share for its support and resistance levels.
- Samart Aviation Solutions PCL (SET: SAV): THB 11/10.70 and THB 11.60/12.
- The Erawan Group PCL (SET: ERW): THB 2.18/2.06 and THB 2.30/2.46.
- Global Power Synergy PCL (SET: GPSC): THB 34 and THB 35.25/37.75.
- Bangkok Bank PCL (SET: BBL): THB 157.50 – 157 and THB 159/163/165.
Despite foreign indices moving upward, Mr. Suchet expects the SET Index to likely trade lower in the morning. Nonetheless, it is still supported by ICT and the banking sectors. As for the afternoon, Mr. Suchet noted that the market direction will depend on the movement of Europe indices. If the European market edges upward, the Thai market could also see growth. However, if it declines, he warned investors to monitor whether the SET Index will fall below 1,245 points. A drop past this level would signal a selling trend as investors move to take profits.
As SET Index enters the end of the year, Mr. Suchet noted that mutual funds and primary sectors, such as banking, ICT, hospital, and energy sectors, are still affecting the market movement. He added that from now on, tourism stocks, such as Airports of Thailand PCL (SET: AOT), Minor International PCL (SET: MINT), Central Plaza Hotel PCL (SET: CENTEL), and ERW, will take the lead. Mr. Suchet also recommended CPALL, noting its strong growth momentum, and advised investors to adopt a rebound strategy for CPAXT, as its stock price has fallen to significantly low levels.
Regarding MSCI rebalancing in Thai stocks, Mr. Suchet noted that the development could continue to affect today’s trading volume, though the duration of the impact remains uncertain. He observed that, so far, the effect has typically lasted only a few hours. Over the past two to three days, the Thai stock market saw a strong surge in trading volume during the morning session before slowing down in the afternoon. When trading volume slows down, it chipped away investors’ confidence and weight on the SET Index. Therefore, he advised investors to avoid making large investments all at once.
