Krungsri Flags GULF and AOT as Key Beneficiaries in FTSE June 2026 Quarterly Review

FTSE has announced the latest results for its June 2026 quarterly review on Global Equity Index Series, set to take effect after the close of June 19, 2026. Notably, no Thai stocks are added or removed from the indices—covering the All World (Large-Mid), Small Cap, and Micro Cap segments. The Thai market’s country weight remains unchanged.

Krungsri Securities expected that Gulf Development Public Company Limited (SET: GULF) will stand out as a key beneficiary, attracting over $100 million (approximately THB 3.65 billion) in foreign fund inflows. Airports of Thailand Public Company Limited (SET: AOT) also sees its investment weight increased by about $6 million (roughly THB 219 million), likely supporting the stock in the near term.

Further supporting Thai equities, GULF will participate in a roadshow in Hong Kong on May 26-27, 2026, organized by UBS Securities and joined by the Stock Exchange of Thailand (SET) and about 9-10 other listed firms from sectors including power, energy, IT, and banking. The objective is to boost foreign investor interest and highlight Thailand’s growth prospects.

Asadej Kongsiri, President of SET, will also attend a UBS seminar in Hong Kong, and SET is preparing its “Thailand Focus” roadshow in August to further engage foreign investors. Cross-sector cooperation is underway to bring more policymakers to such events, aiming to reinforce Thailand’s positive economic narrative and long-term policy direction.

Recent roadshows in London indicated rising European institutional investor interest, particularly from long-term funds keen on Thailand’s economic outlook and growth policies. Key topics among investors include the prospect of economic growth and effective implementation of government policy.

Foreign investment flows, particularly via the BOI, were highlighted as a major growth driver, with nearly $60 billion in promoted projects last year. Sectors drawing continued attention include healthcare, food, tourism, data centers, energy, and water, as well as emerging industries tied to digitalization and the new S-Curve, such as semiconductors and EVs.

Pornanong Budsaratragoon, Secretary-General of the Securities and Exchange Commission (SEC), outlined ongoing initiatives to attract investment, such as refining IPO regulations for greater transparency and quality, and pushing the Thailand Individual Savings Account (TISA) to grow the long-term domestic investors base. Bolstering the role of digital assets in finance while maintaining investor protection remains a priority for regulators.

The Thai SET Index has surged over 22% since the start of 2026, with foreign inflows returning after previous net outflows, reflecting growing confidence in Thai assets. Asadej emphasized Thailand’s strengths in economic flexibility, adaptability, and equity valuation, all supporting a favorable long-term investment outlook.