Mr. Suchet Suktae, Deputy Managing Director, Media Marketing Department of ASL Securities, stated in “Kaohoon” program on November 04, 2025, that the securities company has estimated that today’s support and resistance levels for Stock Exchange of Thailand (SET) Index will be 1,305 – 1300 points and 1,321/1,330 points, respectively.
ASL Securities has also estimated support and resistance levels for specific stocks, the details are as followed:
- True Corporation PCL (SET: TRUE): THB 11.30/11 per share and THB 11.70/12.20 per share for its support and resistance levels
- SCB X PCL (SET: SCB): THB 129.50/128 and THB 132/134
- Airports of Thailand PCL (SET: AOT): THB 40.50/39 and THB 41.75 – 42/44
- Central Pattana PCL (SET: CPN): THB 52/51 and THB 53.75/55.50
Mr. Suchet raised concern about proprietary trading as its year-to-date net sell reached THB 13.68 billion, citing the low confidence in the market. He pointed out that the main causes are likely the grey money and scammer issues that Thailand is facing. Moreover, during the first half of the year, the global market was facing various challenges, such as President Donald Trump’s tariff policy.
However, Mr. Suchet added that the SET Index could reach 1,400 points by the end of the year due to several positive developments in the second half of the year, such as the Thai government’s stimulus measures. He also estimated a more bullish trend next year, as Thailand is expected to elect a new government and this year’s global issues are likely to ease.
Currently, foreign market indexes are improving. Mr. Suchet anticipated that the SET Index would soon follow this trend, and therefore recommended the investors to start accumulating valuable stocks in the meantime.
