CGSI Says 10-Year US Bond Yield Hits 20-Year High, Pressuring SET to 1,585-1,615 Range

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CGSI, or CGS International (Thailand) Securities, said the 10-year US government bond yield hit a new 20-year high, and combined with oil prices that remain elevated, this is pressuring risk assets worldwide. It estimated the SET Index trading range at 1,585-1,615 points and recommended PTTEP and DOHOME for today's investment strategy. In the US stock market on Monday, September 28, the Dow Jones closed at 51,481.51 points, down 347.11 points or 0.67%, while the S&P500 closed at 7,683.69 points, down 59.72 points or 0.77%, and the Nasdaq closed at 26,820.38 points, down 248.34 points or 0.92%. Europe's STOXX 600 index closed at 638.68 points, up 0.03 points or 0.00%. In other asset markets, the November WTI crude oil contract rose 19 cents or 0.21% to close at 92.60 dollars per barrel, and the November Brent contract rose 96 cents or 0.92% to close at 105.28 dollars per barrel, while the December COMEX gold contract fell 152.80 dollars or 3.54% to close at 4,168.40 dollars per ounce. For the recommended stocks, PTTEP is expected to see gas prices hold steady at 6 US dollars per mmbtu in the third quarter of 2026, with a profit target of 151.50 and a stop-loss at 147.50, while DOHOME has a profit target of 3.60 and a stop-loss at 3.46.

Impact on assets 3

Consumer Discretionary▲ · 1 stocks
Dohome Public Company Limited
DOHOME
± MixedCapitalrelevance

CGSI recommends DOHOME with a profit target of 3.60 and stop-loss 3.46, an analyst call, but no company-specific development is cited.

Energy▲ · 1 stocks
Others▲ · 1 stocks