ASL Expects Thailand’s ICT to Shine amid Lacking Hospital Sector

Mr. Suchet Suktae, Deputy Managing Director, Media Marketing Department of ASL Securities, stated in “Kaohoon” program on October 28, 2025, that the securities company has estimated that today’s support and resistance levels for Stock Market of Thailand will be 1,321/1,309 points and 1,330/1,345 points, respectively.

ASL Securities has also estimated support and resistance levels for specific shares, the details are as followed:

  • Gulf Development PCL (SET: GULF): THB 45.50 – 45 per share and THB 47.00/49.00 per share for its support and resistance levels
  • Bangkok Dusit Medical Services PCL (SET: BDMS): THB 19 – 18.70/18 and THB 19.80/20.40
  • Thai Airways International PCL (SET: THAI): THB 9.30/9.00 and THB 9.75/10/10.30
  • Thaicom PCL (SET: THCOM): THB 9.65 – 9.60/9.20 and THB 10.20/10.70
  • True Corporation PCL (SET: TRUE): THB 11.30/11 and THB 11.66/12 – 12.20

Mr. Suchet has recommended TRUE as it has high trading value on yesterday’s sales (October 27). As for the other stocks, THCOM and THAI are subject to speculative trading, while BDMS is subject to rebound. GULF, however, is focusing on rising to test the THB 50 resistance level.

In the Information and Communications Technology (ICT) sector, Mr. Suchet stated that the third quarter performance of Advanced Info Service PCL (SET: ADVANC) is likely to be stronger than TRUE. Therefore, ADVANC’s shares are more attractive along with other supporting factors. In addition, Mr. Suchet recommends investors to keep an attention to Internet Thailand PCL (SET: INET)’s shares as well. Although this company does not have strong performance, its shares are still in the upward trend.

Mr. Suchet also pointed to the volatility in the hospital sector, noting the weak performance since the second quarter. He estimated that this downward trend is due to industry fundamental factors, such as patient volumes, leading to low revenue recognition.

For investor trading in the sector, Mr. Suchet advised using market cycle trading strategy, estimated the target price of THB 22 – 22.50 per share for BDMS, THB 200 for Bumrungrad Hospital PCL (SET: BH), THB 15 – 16 of Bangkok Chain Hospital PCL (SET: BCH), and THB 25 for Praram 9 Hospital PCL (SET: PR9). However, he noted that the hospital sector is not highly recommended for trading this year.