Mr. Kantara Ladawan na Ayutthaya, Executive Director of Finansia Syrus Securities, stated in “Kaohoon” program on April 24, 2026, that the Thai market may exhibit downward movement from negative catalysts including a potential of MSCI reducing weighting in Thai stocks, SCC’s closure of Long Son plant, and the ongoing Middle East uncertainty.
Furthermore, the analyst noted that as the weekend approaches, investors may opt to reduce risk, especially with negative sentiment from the SET Index falling below the key supporting level of 1,460 points.
Mr. Kantara has reiterated the short-term trading strategy, dividing the trading round into two parts as the SET Index reaches the supporting level of 1,450 and 1,430 points respectively. The analyst highlights DELTA, ADVANC, GULF, and TRUE, as these are popular equities with robust fundamentals and liquidity.
Regarding the government’s THB 500 billion loan, Mr. Kantara estimated that these funds will be used for economic stimulus measures, as the Ministry of Finance has reaffirmed the government’s commitment to fiscal discipline. As such he anticipates that market participants will respond positively to the loan.
The analyst forecasted that the industrial estate (AMATA and WHA), consumption (CPALL), and financial sector will benefit from the government’s stimulus policy.
Mr. Kantara also added that the government’s push for electric vehicle (EV) and solar power adoption will help reduce Thailand’s reliance on oil in the long term. Combining this with tax incentives, this measure would also help alleviate Thai people’s living cost. Furthermore, the car trading policy, which allows owners of old cars to trade for a new vehicle, may also support economic growth, as seen in China where such policy was implemented.
