ASPS recommends holding cash and safe stocks amid selling pressure from flows into Vietnam

Kaohoon··THVNUS·Read original
2▲3 ▼0Impact / 5
Summary · why it matters

Asia Plus Securities recommends that investors increase their cash allocation and focus on stocks with strong fundamentals, after Vietnam's stock market is set to gain a higher weighting in the FTSE Russell index. The move is expected to attract around 3 billion US dollars, or approximately 100 billion baht, in foreign investment over four phases from September 2026 to September 2027. This has triggered profit-taking across Asian equity markets, including the Thai stock market, which has faced net selling of more than 112.5 million US dollars. The research team recommends Bangkok Bank, Charoen Pokphand Foods, and Bangkok Dusit Medical Services, while also suggesting hedging foreign portfolio risk through gold depositary receipts GOLD19 and Disney depositary receipts Disney19. This comes amid uncertainty over US import tariffs on Chinese goods, which are set to rise by another 7.5 percent to 20 percent before the US-China leaders' meeting on 24 September 2026, and as US public debt has reached 40.05 trillion US dollars.

Impact on assets 4

Digital Finance & Tokenization▲ · 1 stocks
Bangkok Bank PCL
BBL
▲ PositiveDemandrelevance

Recommended as a strong fundamental stock amid market volatility, expected to benefit from foreign inflows.

Aging Population▲ · 1 stocks
Consumer Staples▲ · 1 stocks
Communication Services▲ · 1 stocks
© 2026 MarketIVNews