Krungsri sees SET moving sideways, gives range of 1,590-1,612 points, favours GULF, CK and TOP as top picks

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Summary · why it matters

Krungsri Securities Public Company Limited expects the SET Index to move sideways today, with support at 1,595 and 1,590 points and resistance at 1,608 and 1,612 points, amid pressure from the US-Iran war that is keeping crude oil prices and US government bond yields elevated. However, the market is supported by political clarity after the Constitutional Court ruled that the barcode ballot papers do not violate the constitution, which helps underpin government stability and facilitates the continuation of public investment policy. The tourism sector is beginning to recover, with the number of foreign tourists between 20 and 27 September 2026 at 482,000, up 4.1% week-on-week, while Chinese tourists rose as much as 42%. Meanwhile, concerns over AI safety have eased after NVIDIA launched a software platform to control Agentic AI. For today's top picks, Krungsri selected GULF, CK and TOP as its Alpha Espresso Picks, with 2027 target prices of 77 baht, 25.35 baht and 83 baht respectively.

Impact on assets 5

Energy Transition & Power Demand▲ · 2 stocks
Industrials▲ · 1 stocks
CH. Karnchang PCL
CK
▲ PositiveCapitalrelevance

Krungsri selected CK as a top Alpha Espresso Pick with a 2027 target price of 25.35 baht.

Artificial Intelligence▲ · 1 stocks
NVIDIA Corporation
NVDA
▲ PositiveTechnologyrelevance

NVIDIA launched a software platform to control Agentic AI, easing AI safety concerns.

Financials▲ · 1 stocks
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