CGSI says surging oil prices pressure SET to consolidate in 1,610-1,635 range

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โดย HoonSmart·

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Summary · why it matters

CGS International said rising oil prices and the 30-year US government bond yield hitting a 19-year high of 5.31% are weighing on global investment sentiment. It sees the SET index as likely to consolidate in the 1,610-1,635 point range, and recommends TIDLOR and CPN as top picks. TIDLOR reported second-quarter 2026 net profit of 1.53 billion baht, up 18.3% from a year earlier but down 5.0% from the previous quarter, and CGSI raised its 2026-2028 earnings per share estimates by 7.6-8.1%. CPN is expected to see shopping mall rental income and residential business revenue in the fourth quarter of 2026 reach quarterly highs for the year, and it plans to inject shopping malls into the CPNREIT trust in mid-2027.

Central Pattana Public Company Limited ▲

Ngern Tid Lor Public Company Limited ▲United States 30 Year Bond Yield ▼

Impact on stocks 3

Real Estate▲ · 1 stocks

Central Pattana Public Company Limited

▲ PositiveDemandrelevance

CPN expected to see Q4 2026 shopping mall rental income and residential revenue reach quarterly highs, and plans to inject malls into CPNREIT.

Financials▲ · 1 stocks

Ngern Tid Lor Public Company Limited

▲ PositiveCapitalrelevance

TIDLOR's Q2 2026 net profit rose 18.3% YoY and CGSI raised its 2026-2028 EPS estimates by 7.6-8.1%.

Others▼ · 1 stocks

％United States 30 Year Bond Yield

▼ NegativeMonetaryrelevance

30-year US Treasury yield hit a 19-year high of 5.31%, pressuring global sentiment.