ASL Highlights Outstanding Picks as Thailand’s SET Index Moves Sideways

Mr. Suchet Suktae, Deputy Managing Director, Media Marketing Department of ASL Securities, stated during the “Kaohoon” program on June 6, 2026, that the Thai market in the morning session continued to exhibit sideways movement. This comes after Asian stock markets previously adjusted downward due to concerns over the ongoing uncertainty in the Middle East conflict. However, ASL assessed that news regarding the preparation for ceasefire negotiations on June 2-3, might somewhat ease investor anxiety, following reports that proposals calling for both sides to end hostilities have made some progress. This development remains one to monitor closely. Regarding the SET Index’s trajectory, Mr. Suchet set a key support level at 1,550 points, and a resistance level at 1,582 points. He indicated that if the index falls below 1,550 points, it would signal a change in market conditions, and investors should exercise greater caution. For short-term investment strategies, ASL recommended five outstanding stocks: SAWAD : Viewed as a speculative pick after the share price retreated to THB 21.90. The analyst set the next support at THB 21.40 and a resistance level at THB 22.90. Caution is advised if the price falls below THB 21.40. MINT : Expected to rebound, with the latest closing price at THB 22.50. Support level is set at THB 22 (key support level at THB 21.50 – 21.80), while a resistance level is set at THB 23.30. PR9 : Latest closing price at THB 16.50, with support at THB 16.00 and resistance at THB 17.20 – 17.50. The hospital group generally remains suitable for short-term trading, with further monitoring of next quarter’s performance advised. STA : Latest closing price was THB 19.20. The analyst set a support level at THB 18.50 and a resistance level at THB 20.00 – 20.50. SCC : With strong earnings results and a latest closing price of THB 227, the support level is set at THB 224, with resistances level at THB 230, 233, and 235. The medium-term target price is THB 250. Mr. Suchet added that the financial sector still offers short-term rebound opportunities, particularly in SAWAD, TIDLOR, and MTC, which are more outstanding than many other stocks in the sector. Nevertheless, investors must continue to watch asset quality, non-performing loan (NPL) situations, and business expansion going forward. As for the hospital sector, the strategy is “short-term trading combined with accumulating holdings.” The analyst advised against offloading the entire shareholding, and recommending investors to wait for a rebound. The strongest stock in this group is BH, with the latest closing price at THB 227. The analyst set a support level at THB 224, and resistances level at THB 230, 233, and 235, while a medium-term target price was given at THB 250, following relatively robust earnings compared the sector’s peers.