Kasikorn Securities expects SET today in 1,630–1,660 range, supported by bank earnings beating expectations

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Kasikorn Securities assesses the SET Index today to move in a range of 1,630 to 1,660 points, supported by banking sector earnings that came in better than expected and signs of easing Middle East tensions following news that the US and Iran may revive a peace agreement. The market also gets a positive factor from the recovery of global technology stocks. This week, watch for earnings reports from Tesla and Alphabet on Wednesday, and from Microsoft, Meta, Apple, and Amazon in the following week. On the domestic front, several banks reported profits above expectations, adding upside to market earnings estimates or SET EPS. The short-term strategy recommends gradually accumulating stocks with outstanding profit growth. Today's highlighted stocks are MTC and KKP. MTC's second-quarter 2026 profit is expected to hit a new record high of 1.87 billion baht, up 2.6 percent from the previous quarter and 13.6 percent from a year earlier, with a target price of 39.00 baht. KKP reported second-quarter 2026 profit at a new record high of 2.12 billion baht, up 9 percent from the previous quarter and 51 percent from a year earlier, with a target price of 114.00 baht.

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