Kasikorn Securities expects the SET Index to move within 1,610-1,630 points today, amid Middle East tensions that have pushed Brent crude oil prices to close near $98 per barrel, increasing inflation risks and the chance that the Fed will raise interest rates. The market assigns a 62.7% probability of a rate hike in September. Yesterday, the SET closed at 1,621.89 points, up 3.07 points or +0.19%, with foreign investors net buying 652 million baht. Domestic positive factors include economic stimulus measures such as the Thai Teaw Thai Plus 2569 project with a budget of 3.5 billion baht, expected to generate 26 billion baht in circulation, and the PDP 2026 plan that increases the renewable energy share to 73%, supporting energy and tourism stocks. Notable stocks today are GULF with a target price of 79.00 baht and CENTEL with a target price of 48.11 baht.
Central Plaza Hotel Public Company LimitedThai Teaw Thai Plus 2569 stimulus expected to boost tourism, benefiting CENTEL.
Gulf Energy Development Public Company LimitedPDP 2026 plan increases renewable energy share, supporting GULF's energy business.
