Mr. Suchet Suktae, Deputy Managing Director, Media Marketing Department of ASL Securities, stated during the “Kaohoon” program on May 19, 2026, that the Thai market today may potentially move sideways within range, setting a key support level for the SET Index at 1,500 points, if the index falls below this level, the analyst recommended cutting losses. The resistance level is given at 1,530 – 1,540 points.
Recommended stocks today include AURA, which is related to the gold business. The stock closed at THB 14.50 yesterday, seeing support level at THB 14 and resistance level at THB 15. As the global gold price has begun to weaken from its highs, the analyst recommended to trade the share in line with bullion price fluctuations.
As for BANPU, the closing price yesterday was THB 5.60 after its performance turned out to be satisfactory. The support level is given at THB 5.40, and the next resistance at THB 6, suitable for speculative trading.
KTB still gives a strong signal after its price increased and closed yesterday at THB 34.75. The first resistance level is at THB 35, with a possibility to test the next target at THB 36. For medium to long-term strategies, the THB 32-33 zone is considered a safer accumulation area.
COM7 showed satisfactory performance, with the stock closed at THB 25.25 in the previous session, the support level is given at THB 25, and resistance at THB 27, offering a chance to reach a new high and suitable for short-term trading.
Additionally, OSP, despite slow price movements, can use the THB 14 level as support. If it falls below, a stop loss is recommended, while key resistance is at THB 15.50.
Mr. Suchet added that after the earnings announcement season, the investment strategy should focus on selective stocks with good performance and those likely to benefit from government measures. Attractive sectors include agriculture, automotive, banking, construction materials, petrochemicals, and commerce.
For the agriculture sector, TFM and UVAN are the main focus due to good performance, while STA and NER are less outstanding. In the automotive sector, MGC is the most prominent, followed by SAT, AH, and TSC.
In the banking sector, standout stocks are KTB, KBANK, KKP, and TISCO, all showing continuous profit growth. For the construction materials group, DCON, STECON, and SCC appear outstanding. In the petrochemical sector, PTTGC is showing a more prominent recovery than IVL, with monitoring recommended for SUTHA.
In commerce, interesting stocks with good results include CPALL, COM7, MOSHI, and SVT. Other speculative stocks include MEGA and CRC, both showing improved performance trends.
Regarding fund flows, foreign funds still play an important role in the Thai stock market, gradually accumulating stocks while local funds have shown selling pressure previously. Mr. Suchet assessed that the Thai bourse is unlikely to sharply decline as domestic economic measures continue to provide support. Close monitoring of foreign capital flows and global stock market trends is essential when investing.
