THAI shares are set to be added to the FTSE Small Cap index, with the reweighting taking effect on Friday, 18 September, which will require foreign funds that use the FTSE index as a benchmark to add THAI shares to their portfolios. Analysts at Yuan Ta Securities (Thailand) said THAI has a short-term positive catalyst pending from the index inclusion. At the same time, although crude oil prices have risen recently, THAI shares have not reacted negatively, as the share price remains in the lower zone. Normal profit for the third quarter of 2026 is expected to still grow from the same period last year. THAI currently trades at an EV/EBITDA of only 6.2 times and offers an ROE of 20.9%.
Thai Airways International Public Company LimitedTHAI is set to join the FTSE Small Cap index on 18 September, forcing benchmark-tracking foreign funds to add its shares.
