Mr. Kantara Ladawan na Ayutthaya, Executive Director of Finansia Syrus Securities, stated in the “Kaohoon” program on February 13, 2026, that the Stock Exchange of Thailand (SET) Index is likely to extend its gains, as the current rally remains modest compared with the downtrend seen over the past two years.
This expansion is also supported by capital inflows, as investors are drawn by expectations of a stable government coalition, strong market liquidity, and relatively low valuations. Mr. Kantara estimated that the SET Index could advance to around 1,500 points.
However, there are concerns that the rally in blue-chip stocks may begin to lose momentum. Therefore, Finansia Syrus Securities recommends shifting focus to laggard stocks, including AAV, BCH, CHG, GFPT, ILINK, ITEL, KCG, MINT, MOSHI, NEO, NSL, OSP, PRM, RATCH, RBF, SAPPE, SAV, SC, SEAFCO, SIRI, SNNP, SYNEX, and TU.
Regarding the government coalition, Mr. Kantara noted that a coalition comprising the three leading political parties, with a combined majority of more than 300 seats, would provide stronger support to the SET Index than a two-party coalition holding around 270 seats. He cited that a two-party alliance could face instability if one party shifts its policy direction.
Mr. Kantara added that the new government coalition should also promote tax-saving funds to encourage long-term savings.
