Mr. Suchet Suktae, Deputy Managing Director, Media Marketing Department of ASL Securities, during the “Kaohoon” program on March 24, 2026, expects the SET Index to rebound, with a resistance level at 1,400 – 1,420 points, and a support level at 1,390. He disclosed that the news of the U.S. five-day ceasefire has bolstered the global market sentiments.
ASL has highlighted the following stocks for today’s session including:
- BBL: The “Buy” recommendation was given, with a support level at THB 160, and a resistance level at THB 165 – 170. Mr. Suchet added that the stock has strong fundamentals, but the banking sector’s price movement may be slow.
- CBG: The equities had previously sharply declined to THB 34.50. As such the analyst recommends a “Speculative Buy” strategy with a support level at THB 32.50, and a resistance level at THB 37.50. Additionally, the analyst also recommends investors monitor CBG’s P/E ratio, which may potentially surpass THB 40.
- STECON: The “Speculative Buy” recommendation was given, with a support level at THB 11, and a resistance level at THB 12. He added that the share prices in the construction sector are moving sideways.
- MOSHI: The “Trading” recommendation was given, with a support level at THB 31, and a resistance level at THB 35. The stock is considered safe.
- LH: The “Speculative Buy” recommendation was given, with a support level at THB 3.60, and a resistance level at THB 3.80. Investors still considered the real estate sector as unattractive, however, the sector may potentially benefit from the rebounding trend.
Mr. Suchet also recommends investors to monitor the SET Index, which may potentially surpass 1,420 points along with the international markets’ trend. However, he stressed that the market movement is merely a rebound, as the Middle East situation remains unclear, particularly the legitimacy of U.S. President Donald Trump’s five-day ceasefire declaration. He also cautioned against increasing portfolio weighting during the five-day ceasefire.
Regarding refinery stock, he estimated that the oil prices will remain volatile into the next two weeks, due to the ambiguity of the ceasefire. As such, he recommends “Hold” in the medium-term (less than a month), as the conflict is unlikely to conclude in the near future.
