InnovestX Targets Thai Stocks 2026 at 1,350-1,400 Points

Prachachat•Economy•258d ago

Reader Briefing

InnovestX forecasts the Thai SET Index to reach 1,350-1,400 points in 2026, with medical, commerce, and telecommunications sectors identified as key performers.

•InnovestX projects the SET Index to trade between 1,350 and 1,400 points in 2026.
•The Thai economy is expected to grow by approximately 1.4% in 2026, facing challenges from uneven recovery and fragile household purchasing power.
•The medical, commerce, and telecommunications sectors are highlighted as potential outperformers.
•Government stimulus measures and large infrastructure projects in the latter half of 2026 are anticipated to boost the economy.

Overview

•In 2026, InnovestX forecasts the SET Index to reach a target range of 1,350-1,400 points.
•The Thai economy faces ongoing challenges including uneven recovery, fragile household purchasing power, and slow private investment recovery.
•InnovestX stated that the market is likely to rise in the first quarter of 2026 due to the impetus from elections and the new government's urgent policies.
•The Thai economy is projected to grow by approximately 1.4% in 2026, a decrease from the previous year.
•The formation of a stable government and the timely approval of the 2027 fiscal budget are considered crucial for economic direction in 2026.
•If economic stimulus policies by political parties are realized, they could potentially boost the Thai economy by an estimated 0.12-0.50 percentage points from the baseline scenario.
•Investors can utilize investment strategies through funds such as SCBRS2000(A), KFCHINA-T10PLUS-A, and K-INDX.
•For fixed income, a focus on high-quality bonds with medium terms of approximately 3-5 years is advised to reduce portfolio volatility.

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Key Quotes

InnovestX

"The market is likely to adjust upwards in the first quarter, driven by elections and the new government's urgent policies. Medical, commerce, and telecom stocks are expected to provide outstanding returns."

ตลาดมีแนวโน้มปรับขึ้นได้ในไตรมาสแรก จากแรงหนุนการเลือกตั้งและนโยบายเร่งด่วนของรัฐบาลใหม่ ชี้หุ้นกลุ่มการแพทย์-พาณิชย์-สื่อสาร ให้ผลตอบแทนเด่น

Key Entities

Organization

InnovestX

An investment company that forecasts the SET Index target for 2026 and recommends investment strategies.

SCBRS2000(A)

A fund recommended by InnovestX for investment strategies.

KFCHINA-T10PLUS-A

A fund recommended by InnovestX for investment strategies.

K-INDX

A fund recommended by InnovestX for investment strategies.

DR23

An investment option offered by InnovestX that provides access to ETFs or foreign stocks via the Thai stock market.

CHNXT5023

A Chinese ETF accessible through DR23.

HSHD23

A Chinese ETF accessible through DR23.

BABA23

A Chinese stock accessible through DR23, likely related to Alibaba.

SMIC23

A Chinese stock accessible through DR23, likely related to SMIC.

SOFTBANK23

A Japanese stock accessible through DR23, likely related to SoftBank.

SUSHI23

A Japanese stock accessible through DR23. The specific company is unclear from the context.

TEL23

A Japanese stock accessible through DR23, likely related to a telecommunications company.

UOBSG-H

A fund recommended for the Thai stock market.

APℹ️

A company recommended for its dividend-paying quality stock for generating cash flow in the Thai market.

KTBℹ️

A company recommended for its dividend-paying quality stock for generating cash flow in the Thai market.

MTCℹ️

A growth stock whose earnings are beginning to recover, suitable for aggressive investment in the Thai market.

TRUEℹ️

A growth stock whose earnings are beginning to recover, suitable for aggressive investment in the Thai market.

CENTELℹ️

A stock in the tourism sector, considered undervalued and suitable for investment.

TUℹ️

A stock in the food sector, considered undervalued and suitable for investment.

CPALLℹ️

A stock in the retail sector, considered undervalued and suitable for investment.

ORℹ️

A stock in the retail sector, considered undervalued and suitable for investment.