Thai Stock Market Outlook: Banking and Retail Sectors Expected to Offset DELTA Losses
Analysts anticipate the SET index to fluctuate between 1,570 and 1,585 points today as banking, retail, and ICT stocks work to balance selling pressure on DELTA shares.
According to a report by Prachachat Business, Kasikorn Securities has provided an outlook for the Thai stock market today, noting that the index is likely to face downward pressure from DELTA shares. This follows the company's third-quarter 2026 financial results, which reportedly fell 10% below market expectations.
Despite the negative sentiment surrounding DELTA, market analysts suggest that the SET index may find support from the banking, retail, and ICT sectors, which are expected to help stabilize the market. Furthermore, there is potential for positive movement in KCE and HANA stocks. Soraphol Virameteekul, an assistant managing director and head of investment strategy at the Investment Analysts Association (IAA), has projected a trading range for the SET index between 1,570 and 1,585 points.
For residents and investors, this market activity highlights the volatility inherent in individual large-cap stocks and the importance of sector diversification. While these projections offer a snapshot of current market sentiment, the actual performance of the SET index remains subject to broader economic factors and daily trading volume. Investors should monitor official market updates throughout the day to confirm how these sectors perform against the projected trends.
