On Monday, Krungthai XSpring Securities expects the Thai market to trade sideways, while the overall outlook remains murky as the SET Index fell below 1,250 points, which raised concerns of further decline due to a lack of new supporting factors.
The analyst recommends investors closely monitor the banking sector earnings reports, as well as the U.S. December CPI, slated to come out tonight.
The securities firm set a resistance level for the SET Index at 1,250 points, and a support level at 1,230 points for today’s session.
Kingsford Securities stated that the SET Index today is set to trade within a supporting level of 1,230 – 1,240 points and a resistance level of 1,250 – 1,260 points. The brokerage firm expects the market to rebound within a limited range as listed companies’ 4Q25 earnings are forecasted to slow down, and investors are awaiting the banking sector’s 4Q25 financial results.
The analyst recommends accumulating stocks in safe havens and high-dividend themes such as SCB, TTB, ADVANC, LH, TLI, and GULF.
Yesterday, Thailand’s SET Index closed at 1,242.20 points, decreased 11.89 points or 0.95%, with a trading value of THB 34.14 billion.
