Mr. Kantara Ladawan na Ayutthaya, Executive Director of Finansia Syrus Securities, remarked in “Kaohoon” program on March 20, 2025, that regarding the THB 6 increase in retail oil prices, he saw it as a positive move to maintain fiscal discipline, as he expects the domestic oil prices to rise much earlier along with the markets’ trend. Despite the potential impact on the consumption, the analyst expects the government stimulus measures to offset the effect.
Mr. Kantara stated that the Thai market remained resilient compared to its peers, after U.S. President Trump extended the postponement of the attack on Iranian critical infrastructure. He flagged the key support level at 1,439 points, and a resistance level at 1,454 points. He also added that the major factor that helped buoy the Thai market are robust performances in the banking, telecommunication, electricity, and oil sector
However, Mr. Kantara cautioned investors against buying consumption, finance, transport, and food stocks due to volatility in oil prices. For investment strategy, he recommends “Trading” on the aforementioned stocks with robust performances, and equities that have no exposure to the Middle East war.
Mr. Kantara commented that Trump’s delayed attack may prompt investors to adopt a wait-and-see strategy, as both countries’ stance on the ceasefire are still conflicting. As such, he recommends investors to monitor other catalysts such as oil prices and foreign markets, along with the war news to determine the investment.
