ASL Sees Thai Stocks Bouncing Back Above 1,600-Mark, Highlighting SAWAD as Top Pick

published 30 d ago · en · source ↗

Affected tickers

ADVANC AMATA BCP BE BTG DELTA GLOBAL HANA KBANK KCE KTB OR PTG PTT PTTEP SAWAD SVI TOP TRUE WHA

Per-ticker News Sentiment Indicator

ADVANCother · positive · med
The analyst maintains a positive outlook for the ICT sector for the next 1-2 years, specifically highlighting ADVANC as a key stock.
AMATAother · positive · med
The analyst mentions that opportunities remain in the industrial estate group due to investment expansion and data centers, noting that AMATA has a potential price level around THB 25.
BCPmacro · negative · med
The analyst advised caution on energy stocks like BCP due to potential weakening of global oil prices as geopolitical tensions ease.
BEother · neutral · high
The article discusses Thai market trends and specific Thai stocks, but does not mention Bloom Energy Corp (BE) at all.
BTGother · positive · med
ASL Securities identified a technical resistance breakout for BTG, noting that the stock could reach THB 22 if it successfully surpasses the THB 21 level.
DELTAother · positive · med
The analyst highlights the technology and electronic parts sector, including DELTA, as having strong growth potential over the next 1-5 years due to AI-themed trends.
GLOBALother · neutral · high
The article discusses various market sectors and specific stock picks but does not mention GLOBAL, resulting in no material impact on the company.
HANAother · positive · med
ASL Securities identifies HANA as a standout stock within the technology and electronic parts sector, which is expected to experience growth over the next 1-5 years.
KBANKother · positive · med
ASL Securities identified KBANK as an attractive commercial bank well-positioned to benefit from upcoming public funds and economic expansion.
KCEother · positive · med
ASL Securities identified KCE as a standout stock within the technology and electronic parts sector, which is expected to experience growth over the next 1-5 years.
KTBother · positive · med
ASL Securities identified KTB as an attractive commercial bank well-positioned to benefit from upcoming public funds and economic expansion.
ORmacro · negative · med
The analyst advised caution on energy stocks due to potential weakening of global oil prices as geopolitical tensions ease, which negatively impacts the sector including OR.
PTGother · positive · med
ASL Securities identified PTG as a short-term speculative opportunity with a key resistance level set at THB 7.80 – 8.00.
PTTmacro · negative · med
The analyst advised caution on energy stocks like PTT due to potential weakness in global oil prices as geopolitical tensions ease.
PTTEPmacro · negative · med
The analyst advised caution on PTTEP due to potential weakness in global oil prices as geopolitical tensions ease, suggesting partial profit-taking.
SAWADother · positive · med
ASL Securities identified SAWAD as a top pick for mid-to-long term investment, citing a technical rebound signal for the stock.
SVIother · positive · med
ASL Securities identifies SVI as a standout small-cap stock within the technology and electronic parts sector, which is expected to grow over the next 1-5 years.
TOPmacro · negative · med
The analyst advised caution on energy stocks like TOP due to potential weakness in global oil prices as geopolitical tensions ease.
TRUEother · positive · med
ASL Securities maintains a positive outlook for the ICT sector for the next 1-2 years, specifically highlighting TRUE as a key stock.
WHAother · positive · med
The analyst highlights WHA as an opportunity within the industrial estate group due to investment expansion and data center growth.

Article body

Mr. Suchet Suktae, Deputy Managing Director, Media Marketing Department of ASL Securities, stated during the “Kaohoon” program on June 16, 2026, that the Thai market may potentially test the resistance level of 1600-1,609 points, with the banking sector remains attractive, especially commercial banks such as KBANK and KTB, which are well-positioned to support upcoming public funds and economic expansion. For short-term top picks, ASL highlights SAWAD , recommending mid-to long term investment based on a rebound signal. The resistance level is set at THB 23, and if surpassed, the stock could test THB 25. ASL also sees short-term speculative opportunities in PTG , with key resistance at THB 7.80 – 8.00, and BAM , which is experiencing a rebound, with resistance at THB 7.50 – 8.00. SCAP , a small-cap stock, is suitable for speculation, with a strong resistance at THB 0.80. For BTG , the next target level is set at THB 22 should it break through THB 21. In addition, ASL also highlights technology, electronic parts, and AI-themed sectors, which are expected to grow over the next 1-5 years. Standout stocks include DELTA, HANA, and KCE, as well as small-caps in the sector like SVI, TEAM, and CCET. However, SMT may carry higher risk due to its already elevated share price. Meanwhile, Mr. Suchet maintains a positive outlook for the ICT sector for the next 1-2 years, with ADVANC and TRUE as highlights. Within the industrial estate group, opportunities remain from investment expansion and data centers, especially WHA, which has a short-term target price of THB 6.00 – 6.50 and potential to reach THB 7, while AMATA has a target price at around THB 25. However, the analyst advised investors to be cautious with short-term energy stocks such as PTT, PTTEP, BCP, and TOP, as global oil prices may weaken once the war situation eases. He recommended considering partial profit-taking and waiting for repurchase opportunities when oil prices stabilize or fall to $50 – 60 per barrel. As for petrochemical stocks including SCC, PTTGC, and IVL, short-term pressure may persist, but a recovery is possible in 3Q26 – 4Q26 if the economy improves.