SAWAD Rises 3% as Broker Eyes Stronger Performance on Prospects of December Rate Cut

On Thursday at 11:40 AM (Bangkok time), the share price of Srisawad Corporation Public Company Limited (SET: SAWAD) rose by 2.83% or THB 0.75 to THB 27.25, with a trading value of THB 112.72 million.

 

Krungthai XSpring Securities noted that SAWAD has been outperforming stocks in the leasing sector, driven by optimism over its 2026 earnings outlook. The company is expected to return to positive growth next year, following a modest decline anticipated for this year.

The improvement is attributed to SAWAD’s adjustment of its loan portfolio, shifting the focus toward higher-yield vehicle title loans—a factor that is expected to support stronger performance in 2026.

Additionally, there is growing market anticipation that the Bank of Thailand may lower its policy interest rate at the upcoming Monetary Policy Committee (MPC) meeting in December.

This potential rate cut is seen as a positive for SAWAD, as it would help reduce funding costs in line with lower interest rates, providing further support for the company’s operational performance.