Summary · why it matters
Kanthara Ladawan na Ayudhya, an executive director of Finansia Syrus Securities Public Company Limited, or FSS, disclosed that the roadshow in the United States, meetings with foreign institutional investors, and cooperation between Thai capital market agencies and the New York Stock Exchange are positive factors helping foreign investors pay more attention to Thailand, and may mark the beginning of drawing foreign capital flows, or Fund Flow, back into the Thai stock market after a period of heavy outflows. The signing of a memorandum of understanding between the Thai capital market and the New York Stock Exchange on the listing of securities in more than one market, or Dual Listing, is an important development that will help increase liquidity and raise the standards of the Thai capital market. For short-term strategy, Kanthara views that the market remains highly volatile due to US government bond yields rising to around 5.25% and oil prices that remain high. He recommends monitoring Brent crude oil at around 102 dollars per barrel; if it can hold above this level, prices may continue to rise, but for concerns to ease, prices should fall to around 91 to 93 dollars per barrel. He also recommends gradually accumulating PTT Public Company Limited, or PTT, and PTT Exploration and Production Public Company Limited, or PTTEP, when oil prices weaken, and holds a positive view on commercial banks, giving a fair value for Bangkok Bank Public Company Limited, or BBL, at 240 baht. As for the earnings outlook for the third quarter of 2026, he views that commercial banks remain continuously strong, while the export sector is interesting, especially Thai Union Group Public Company Limited, or TU, and I-Tail Corporation Public Company Limited, or ITC. Meanwhile, the hospital sector has an opportunity to recover seasonally, with attention on Praram 9 Hospital Public Company Limited, or PR9, and Bangkok Dusit Medical Services Public Company Limited, or BDMS. He assesses that the Thai stock market is still more suitable for short-term trading than for chasing prices, with a key resistance level around 1,612 to 1,620 points, and that a strong break above this level would require new positive factors to support it.
Bangkok Bank PCL
Finansia X Public Company Limited
i-Tail Corp. PCL
Thai Union Group PCL
PTT Public Company Limited
PTT Exploration and Production Public Company Limited
