Brokerage firm projects SET Index to reach 1,820 points by end of 2027
Analyst
An analyst at Yuanta Securities Thailand said second-quarter 2026 net profit for the SET Index came in at 390 billion baht, up 8.9% from the previous quarter and 13.1% from the same period last year, exceeding the research team's forecast by as much as 26%. The result was supported by petrochemicals, upstream energy, and refining, while communications, electronic components, finance, and retail also grew well. Transport, healthcare, and property slowed. Given the much stronger-than-expected earnings, the research team raised its earnings per share forecasts for this year and next year to 103 and 106 baht per share, respectively, and lifted its mid-2027 SET Index target to 1,770 points from 1,650 points. It also set an end-2027 target of 1,820 points, expecting continued strong profits to mark a positive turning point in fundamentals and help foreign fund flows reverse back into the market, with every 10 billion baht of inflows supporting the SET Index by around 10 to 15 points.
