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ASL Highlights Strategic Picks as Thai Stock Index Sets to Break 1,700-Mark
Affected tickers
Per-ticker News Sentiment Indicator
- BDMSother · positive · med
ASL Securities suggests gradual accumulation of BDMS due to solid business structures and earnings growth prospects, setting a short-term resistance level at THB 20.50 – 21.
- BEother · neutral · high
The article discusses the Thai stock market outlook and specific Thai stocks, but contains no information regarding Bloom Energy Corp.
- CPALLother · positive · med
ASL Securities highlights CPALL as a strategic pick, noting that increasing daily trading value supports big-cap stocks with strong fundamentals.
- DOHOMEother · positive · med
ASL Securities identifies DOHOME as suitable for speculative trading due to its business recovery, setting a short-term resistance level at THB 4.00 – 4.20.
- MINTother · positive · med
ASL Securities highlights MINT as a beneficiary of the ongoing recovery in tourism, supporting a positive outlook for the company.
Article body
Mr. Suchet Suktae, Deputy Managing Director, Media Marketing Department of ASL Securities, stated during the “Kaohoon” program on July 21, 2026, that the key factors for the direction of the Thai stock market are economic stability, policy continuity, and investor confidence. These factors will contribute to strengthening the economic and capital market systems in the long term.
If the Thai benchmark index remains stable and is continuously supported by fund inflows, the index level of 1,650 points is seen as a near-term resistance level. There is also potential for the index to rise to 1,700 points if confidence and liquidity clearly return to the market.
For the short-term outlook, ASL estimates the resistance level for the SET Index at 1,660 points and a support level at 1,635 points. The increasing daily trading value, reaching approximately THB 70 – 90 billion, supports big-cap stocks and stocks with strong fundamentals.
In terms of investment strategy, ASL recommends
CPALL
, with a short-term resistance level at THB 50 and a medium-term target price in the range of THB 55 – 60. Should there be continued capital inflows, the stock could rise to THB 60 – 70.
For
MINT
, the company is expected to benefit from the recovery in tourism. The initial target price is set at THB 25, followed by THB 27, with a medium-to-long-term target price at THB 30.
DOHOME
is considered suitable for speculative trading based on its business recovery, with support level around THB 3.80 and short-term resistance level at THB 4.00 – 4.20.
As for
PR9
, which has strong fundamentals, the near-term resistance level is at THB 19, with potential to rise above THB 20 in the next period.
BDMS
is recommended for gradual accumulation around THB 19 – 19.50. The short-term resistance level is at THB 20.50 – 21, with a medium-term target starting from THB 25 upwards. Hospital stocks remain supported by solid business structures and earnings growth prospects.