Therdsak Thaveeteeratham, Deputy Managing Director of Asia Plus Securities (ASPS), revealed that the current investment trend is seeing fund outflows from high-growth stocks, such as the technology, semiconductor, artificial intelligence, and cryptocurrency groups, toward value stocks and safe haven assets, such as those in the medical and financial sectors.
Therefore, the analyst recommends sector rotation into safe value stocks, which can be divided into three main groups:
1. The defensive stocks, such as Bangkok Dusit Medical Services Public Company Limited (SET: BDMS), Bumrungrad Hospital Public Company Limited (SET: BH), B.Grimm Power Public Company Limited (SET:BGRIM), and Gulf Development Public Company Limited (SET: GULF).
2. Stocks that benefit from high bond yields, including Bangkok Bank Public Company Limited (SET: BBL), Krung Thai Bank Public Company Limited (SET: KTB), Kasikornbank Public Company Limited (SET: KBANK), SCB X Public Company Limited (SET: SCB), Bangkok Life Assurance Public Company Limited (SET: BLA), and Thai Life Insurance Public Company Limited (SET: TLI).
3. Real Estate Investment Trusts (REITs), such as Digital Telecommunications Infrastructure Fund (SET: DIF), 3BB Internet Infrastructure Fund (SET: 3BBIF), and LH Hotel Leasehold Real Estate Investment Trust (SET: LHHOTEL).
Moreover, ASPS has selected Advanced Info Service Public Company Limited (SET: ADVANC), BLA, and BDMS as outstanding stocks.
In addition, the securities firm recommended diversifying into the Japanese semiconductor sector through DR JPSEMI24, which is an ETF linked to global players such as Lasertec and Tokyo Electron, who hold technological advantages in the semiconductor supply chain. The global stocks of interest for the day include GSUS06 and UNH19 as well.
Therdsak further stated that the government has implemented economic stimulus measures to ease the cost of living for citizens through the “Thai Chuay Thai Plus” program, granting each eligible person up to THB 4,000. This program covers 30 million recipients and will run for four months (June 1 – September 30, 2026).
The initiative injects as much as THB 120 billion into the economy and is expected to increase Thailand’s GDP by 0.5%-0.6%. The launch has been highly successful, as the total spending in the first three days has already exceeded THB 7 billion.
Apichat Poobunjirdkul, CISA, Senior Strategist at TISCO Securities (TISCO), stated that investment trends for the second half of the year remain uncertain. The analyst set a key support level for the Thai stock market index in June at around 1,510 – 1,530 points and a key resistance level at 1,580 and 1,600 points. Thus, he recommends diversifying into the three following groups:
1. Growth stocks with attractive upside potential, such as Central Retail Corporation Public Company Limited (SET: CRC) and GULF.
2. Commodity stocks, which help hedge against inflation, such as PTT Exploration and Production Public Company Limited (SET: PTTEP) and Siam City Cement Public Company Limited (SET: SCCC).
3. Dividend stocks with more than 5% yield to manage market volatility, such as KTB and Mega Lifesciences Public Company Limited (SET: MEGA).
Additionally, a stock with positive specific factors for June is Mr. D.I.Y. Holding (Thailand) Public Company Limited (SET: MRDIYT), which is anticipated to be included in the SET50 index during the second half of the year.
