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Krungsri Securities Forecasts Thai Stocks Range 1,484-1,515 Points

Krungsri Securities Forecasts Thai Stocks Range 1,484-1,515 Points

Prachachat•Economy•32m ago

Reader Briefing

Krungsri Securities predicts the SET index will fluctuate between 1,484 and 1,515 points amid international pressure and strong domestic corporate earnings.

  • •Krungsri Securities sets the SET index range at 1,484-1,515 points with resistance at 1,507 and 1,515 and support at 1,494 and 1,484.
  • •US Bond Yields reached a 1-month high and tensions between the US and Iran are weighing on risk assets.
  • •Third quarter 2026 earnings for 368 listed companies were 2.6% higher than market expectations.
  • •Investors are awaiting the third quarter 2026 GDP announcement next week.

Overview

  • •Krungsri Securities forecasts the SET index to fluctuate between 1,484 and 1,515 points due to US Bond Yields hitting a one-month high.
  • •Donald Trump stated that the time for negotiations with Iran has passed, causing crude oil prices to increase by an average of 3.3%.
  • •High oil prices and the banking sector are expected to help support the Thai stock market in the short term.
  • •Profits of 368 listed companies in the third quarter 2026 were 2.6% higher than market expectations, with year-on-year growth increasing to 38.7%.
  • •Jensen Huang has resigned from NVIDIA, though Krungsri Securities notes that AI demand continues to drive the technology sector.
  • •Anthropic is scheduled to offer an IPO on November 19.
  • •Investors are waiting for NVIDIA's earnings announcement and the Thai third quarter 2026 GDP figures next week.
  • •Krungsri Securities recommends investing in energy security, banking, construction, power plants, services, tourism, aviation, and retail stocks.

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Key Quotes

Donald Trump
"the time for negotiations with Iran has passed"
ช่วงเวลาสำหรับการเจรจากับอิหร่านได้ผ่านพ้นไปแล้ว

Key Entities

Organization

Krungsri Securities(บริษัทหลักทรัพย์ กรุงศรี จำกัด (มหาชน))
A securities company that provides market analysis and investment strategies for the Thai stock market.
Federal Reserve(ธนาคารกลางสหรัฐ)ℹ️
The US central bank whose members maintain a cautious stance on interest rate trends.
NVIDIAℹ️
A technology company whose CEO resigned and which is facing government investigations regarding chip sales.
Anthropicℹ️
A company offering an IPO on November 19.
TOP
A company in the energy security group recommended by Krungsri Securities.
SPRC
A company in the energy security group recommended by Krungsri Securities.
PTT
A company in the energy security group recommended by Krungsri Securities.
PTTGC
A company in the energy security group recommended by Krungsri Securities.
KBANK
A bank recommended by Krungsri Securities.
KTB
A bank recommended by Krungsri Securities.
STECON
A construction company recommended by Krungsri Securities.
PYLON
A construction company recommended by Krungsri Securities.
INSETℹ️
A construction company recommended by Krungsri Securities.
GULF
A power plant company recommended for defensive investment.
GPSCℹ️
A power plant company recommended for defensive investment.
CENTEL
A service and tourism company recommended for defensive investment.
ERW
A service and tourism company recommended for defensive investment.
AWC
A service and tourism company recommended for defensive investment.
AOT
An aviation company recommended by Krungsri Securities.
CPALL
A retail company recommended by Krungsri Securities.
CPAXT
A retail company recommended by Krungsri Securities.

Person

Donald Trump(โดนัลด์ ทรัมป์)ℹ️
The President who stated that the time for negotiations with Iran has passed.
Jensen Huang(เจนเซน หวง)ℹ️
A person who resigned from NVIDIA.

Place

Iran(อิหร่าน)ℹ️
A country experiencing tensions with the United States affecting oil prices.