SET Recovers on Oil Price Drop and Thailand Focus 2026

Post Today•Economy•21h ago

Reader Briefing

InnovestX assesses a recovery in the SET index driven by falling oil prices and the Thailand Focus 2026 event.

•InnovestX expects the SET index to recover due to falling oil prices and support from Thailand Focus 2026.
•Thailand Focus 2026 is scheduled for August 26-28 to build confidence among global institutional investors.
•InnovestX recommends a 'Selective Buy' strategy across four specific trading themes.
•The Monetary Policy Committee is expected to maintain the policy interest rate at 1.00%.

•The SET index recovered after oil prices dropped following news of Iran announcing a return to negotiations with Oman to consider opening the Strait of Hormuz.
•Qatar is coordinating with the United States and Iran to return to the negotiation table.
•Thailand Focus 2026 will take place from August 26-28 to attract fund flows into large-cap stocks (SET50).
•Market participants are monitoring the Monetary Policy Committee meeting, the Parliamentary meeting on the 200 billion baht loan decree, and the US PCE index for July.
•InnovestX suggests a 'Selective Buy' strategy focusing on Thailand Focus Play, Policy Play, High Dividend Play, and Laggard Play.
•Government economic stimulus policies include solar rooftop subsidies and the Thai Tiew Thai Plus measure.
•There are risks from prolonged tensions in the Middle East which may pressure investments and the economy due to inflation concerns.
•InnovestX sets a short-term target price of 29.25 baht for CRC and 12.80 baht for OR.

Full article content is available on the original source.

InnovestX Securities Co., Ltd.(บริษัทหลักทรัพย์ อินโนเวสท์ เอกซ์ จำกัด)

A securities company that provided the market assessment and investment strategy for the SET index.

SET

The stock exchange index being analyzed for recovery and movement.

Monetary Policy Committee(กนง.)

The body whose meeting is being monitored regarding the policy interest rate.

Parliament(สภาฯ)ℹ️

The body meeting to debate the 200 billion baht loan decree.

CRC

A company recommended for investment with a short-term target of 29.25 baht.

A company recommended for investment with a short-term target of 12.80 baht.

Iran(อิหร่าน)ℹ️

A country announcing a return to negotiations with Oman regarding the Strait of Hormuz.

Oman(โอมาน)ℹ️

A country negotiating with Iran to consider opening the Strait of Hormuz.

Strait of Hormuz(ช่องแคบฮอร์มุช)ℹ️

A waterway the subject of negotiations between Iran and Oman.

Qatar(กาตาร์)ℹ️

A country coordinating with the US and Iran to return to negotiations.

United States(สหรัฐฯ)ℹ️

A country involved in negotiations coordinated by Qatar and the source of the July PCE index.

Loan Decree(พ.ร.ก.กู้เงินฯ)

A decree concerning a 200 billion baht loan being debated in Parliament.

Budget Act Year 2027(พ.ร.บ. งบฯ ปี 2027)

A draft law regarding the budget for the year 2027.

Thai Tiew Thai Plus(ไทยเที่ยวไทยพลัส)

A government economic stimulus measure for tourism.