PTT Public Company LimitedKSS recommends PTT as a standout energy stock amid oil above $100.
Krungsri Securities, or KSS, assesses that the Thai stock market is in a consolidation phase, with resistance framed at 1,650 and 1,665 points and support at 1,630 and 1,626 points. This comes amid pressure from Brent crude oil prices surging past $100 per barrel, the US 10-year Treasury yield climbing to test 4.7%, its highest in 1 year and 7 months, and the baht weakening to a 15-month low of 33.82 per dollar. Also weighing are US import tariff measures under Section 301 at rates of 10 to 12.5% on 60 countries, effective from 24 July 2026, though the impact on Thailand is limited as key exports like electronic parts and semiconductors are not covered. KSS expects stocks in the energy, energy security, and commercial banking sectors to be the main pillars supporting the index. It recommends standout energy stocks including PTT, PTTEP, BCP, TOP, and SPRC. In banking, it recommends KBANK and KTB. In telecoms, it recommends ADVANC and TRUE. In construction, it recommends STECON, PYLON, and INSET. In industrial estates, it recommends AMATA and WHA.
PTT Public Company LimitedKSS recommends PTT as a standout energy stock amid oil above $100.
Thai Oil Public Company LimitedOil prices above $100 benefit energy stocks; TOP is recommended as a standout.
Bangchak Corporation Public Company LimitedKSS recommends BCP as a standout in energy, benefiting from high oil prices.
Advanced Info Service Public Company LimitedKSS recommends ADVANC as a standout in telecoms, implying positive outlook.
Infraset Public Company LimitedKSS recommends INSET as a standout in construction, implying positive outlook.
True Corporation Public Company LimitedKSS recommends TRUE as a standout in telecoms, implying positive outlook.
Star Petroleum Refining Co LtdKSS recommends SPRC as a standout energy stock amid oil above $100.
PTT Exploration and Production Public Company LimitedKSS recommends PTTEP as a standout energy stock amid oil above $100.
Kasikornbank Public Company LimitedKSS recommends KBANK as a standout in commercial banking, implying positive outlook.
Krung Thai Bank Public Company LimitedKSS recommends KBANK as a standout in commercial banking amid consolidation.
STECON Group Public Company LimitedKSS recommends STECON as a standout in construction, implying positive outlook.
WHA Corporation Public Company LimitedKSS recommends WHA as a standout in industrial estates, implying positive outlook.
Amata Corporation Public Company LimitedKSS recommends AMATA as a standout in industrial estates, implying positive outlook.
Pylon Public Company LimitedKSS recommends PYLON as a standout in construction.