Mr. Koraphat Vorachet, Assistant Director and Division Head of Research at Krungsri Securities (KSS), stated in the “Kaohoon” program on January 08, 2026, that Delta Electronics (Thailand) PCL (SET: DELTA) will pressure the Stock Exchange of Thailand (SET) Index due to its big lot transaction. This process may pressure DELTA’s stock price for a short period but it will increase liquidity. Mr. Koraphat also noted that its impact on the SET Index will likely be limited to only today.
Additionally, following the decline, the SET Index is expected to rebound, supported by strength in the tourism sector, driven by the upcoming Tomorrowland festival. The energy sector has also received positive sentiment following U.S. intervention in Venezuela, as increased oil supply under U.S. administration could help improve gross refining margins.
Based on this outlook, Mr. Koraphat recommended Bangchak Corporation PCL (SET: BCP), expecting the stock to outperform the market. He also recommended i-Tail Corporation PCL (SET: ITC), citing rising demand for pet food and expectations that the company’s revenue will reach a new peak, as well as Bangkok Dusit Medical Services PCL (SET: BDMS) due to a significant increase in patient volumes.
Regarding the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB)’s forecast that Thailand’s gross domestic product (GDP) growth rate will be below 2%, Mr. Koraphat stated that the slowest growth rate is likely to occur in the first quarter, citing the election period, which limits the government’s ability to introduce new stimulus measures. However, it could pressure the Monetary Policy Committee (MPC) to cut the interest rates early in the year.
