On Tuesday, Asia Plus Securities expects the Thai market to trade sideways within range, as investors are awaiting the meeting between the U.S. and Chinese leaderships. This will happen amid the backdrop of the prolonged Middle East tension, and rising oil prices which raised concerns over inflation.
For tonight, the analyst recommends investors closely monitor the U.S. April inflation figures.
Kingsford Securities estimated that the Thai market may potentially decline as investors await listed companies’ 1Q26 results, tomorrow’s MSCI Index revision, as well as the U.S.-China summit, which will discuss trade deals and the Middle East conflict.
The brokerage house recommends investors accumulate GULF and GPSC, which are anticipated to see robust electricity sales growth in 2Q26, as well as short-term speculating stocks with outperformed 1Q26 earnings such as GLOBAL, SYNEX, AURA, AWC, and CENTEL.
Both securities firms set a resistance level for the SET Index at 1,500 points and a support level at 1,480 points for today’s session.
Yesterday, Thailand’s SET Index closed at 1,489.29 points, decreased 11.07 points or 0.74%, with a trading value of THB 61.48 billion.
