Mr. Thakrit Chatcherdsak, Assistant Director of Krungsri Capital Securities’ Research Department, during the “Kaohoon” program on February 25, 2026, expects today’s resistance levels for the Stock Exchange of Thailand (SET) Index to be 1,506/1,520 points, with the index expected to extend yesterday’s gains following updates on the election.
Mr. Thakrit noted that the SET Index is likely to be supported by reports on the upcoming approval of 396 constituency MPs by the Election Commission of Thailand, while highlighting the consumption and retail sectors as key beneficiaries, particularly CP All PCL (SET: CPALL) and Berli Jucker PCL (SET: BJC).
There has also been a recovery in foreign technology stocks. With most of the negative sentiment from U.S. tariff policies likely priced in, Mr. Thakrit expected infrastructure-related technology stocks, such as Advanced Info Service PCL (SET: ADVANC), to gain further momentum. He also pointed to potential upside in the energy sector, supported by declining gas prices and a stronger Thai baht.
Besides CPALL, BJC, and ADVANC, Mr. Thakrit also highlighted True Development PCL (SET: TRUE), noting that it has attracted significant foreign fund inflows. He cited its laggard status and several positive factors, including reduced competition, lower costs, expected growth, the recent outlook announcement, and a higher dividend payment.
Another market catalyst is today’s Monetary Policy Committee (MPC) meeting. Although the committee is likely to maintain the policy interest rate at 1.25%, it may raise the GDP growth forecast, given the country’s strong economic momentum.
