Finansia’s Kantara Sees SET Index Remain Resilient amid Middle East Conflict

Mr. Kantara Ladawan na Ayutthaya, Executive Director of Finansia Syrus Securities, stated in “Kaohoon” program on March 20, 2025, that the rising cost from oil prices crisis is not the major concern, as the situation is regarded as a short-term factor, which will eventually normalize as time passes.

Currently, investors are focusing on liquidity in the market. As such, he expects the Thai market to potentially rise regardless of the fundamental factor, as he believes that the market is more resilient than in the past years.

On politics, Mr. Kantara reiterated that while the existing stimulus measures are solid enough to support the Thai economy, the intensity of the implementation should be increased to propel the economic growth amid the ongoing unrest in the Middle East, which was not accounted for when the policy was introduced. He also added the stable government will also improve the market liquidity, as it reinforced investors confidence.

Mr. Kantara remarked that Thailand Individual Savings Account (TISA) will likely be one of the first policies to be implemented, as it not only promotes saving, but also improves stability and liquidity. He added that the Thai market is primed for such policy.

For strategy, Mr. Kantara recommends investors, particularly day traders, to monitor foreign markets and oil prices. He expects the Thai market to move sideways with a wider range, recommending buying at 1,430 – 1,400 points.