Summary · why it matters
Globlex Securities estimates that the SET Index will fluctuate in a range of 1,570 to 1,630 points this week, pressured by WTI crude oil prices surging past 100 dollars per barrel and the US Producer Price Index for August, which rose 5.4% year-on-year, higher than analysts' forecast of 5.3%. As a result, investors raised the probability to 70% from 64% that the US Federal Reserve will raise interest rates by 0.25% at its meeting on September 15-16. Meanwhile, the European Central Bank decided to raise its policy rate by 0.25%, its second hike this year. On the domestic front, positive factors include the Center for Economic and Business Forecasting at the University of the Thai Chamber of Commerce, which raised its forecast for Thailand's GDP in 2026 to 2.5%, driven by private investment and exports expected to grow 17.8%. The Ministry of Finance is considering extending the "Thai Chai Thai Plus" program by another one to two months, and the EV Board approved excise tax measures to prepare for pushing through three rates of import tax on electric vehicles. On investment strategy, Watcharain Jongyanyong, Director of Research at Globlex Securities, recommends speculative trading in stocks that benefit from the FTSE Rebalance index adjustment, effective at the closing price on September 18, 2026. In the Large Cap group, CPN enters and exits; in the Mid Cap group, CPN enters while BTS, LH, SCCC and TU exit; and in the Small Cap group, BTS, FTREIT, LH, SCCC, THAI and TU enter while BLAND, SPCG and TPIPP exit.
Bangkok Land Public Company Limited
Central Pattana Public Company Limited
Ticon Freehold and Leasehold Real Estate Investment Trust
Land and Houses Public Company Limited
SPCG Public Company Limited
TPI Polene Power Public Company Limited
Thai Union Group PCL