Mr. Thakrit Chatcherdsak, Assistant Director of Krungsri Capital Securities’ Research Department, stated in the “Kaohoon” program on December 22, 2025, that the Stock Exchange of Thailand (SET) Index is likely to head upward today, following the movement of foreign markets.
He noted that the positive sentiment has been generated by the easing trade tensions between the U.S. and China, along with expectations that the U.S. Federal Reserve will cut interest rates next year. These factors have lifted sentiment toward technology stocks in the U.S. and across Asia, including Thailand. In addition, today’s meeting between Thailand and Cambodia could help ease border tensions, which may also support the market.
Mr. Thakrit added that the tourism sector remains another key driver, as tourist arrivals have increased significantly. He cited the start of the tourism high season, the appointment of pop singer Lalisa “Lisa” Manobal as a tourism ambassador, and heightened tensions between China and Japan that have prompted more Chinese tourists to choose Thailand as their travel destination.
Regarding a potential election rally, Mr. Thakrit stated it is likely to materialise if the election timeline remains on track. Therefore, he recommended sectors that could benefit, including financials, retail, domestic consumption, construction services, and power plant sectors. For specific stocks, he recommended CP All PCL (SET: CPALL), Gulf Development PCL (SET: GULF), and Pylon PCL (SET: PYLON).
