Asia Plus flags 4 stock groups set to benefit from fiscal 2027 budget disbursement, recommends CK, ERW, BDMS

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Summary · why it matters

The research department of Asia Plus Securities said that fiscal 2027 budget disbursement, which will circulate through the economy and stimulate domestic GDP, will benefit four industries worth watching. The retail group, or COMM, gains from government measures that support purchasing power and grassroots-level consumption, with standout stocks CPALL, CPAXT and BJC. The tourism and services group, or TOURISM, receives support from tourism promotion budgets and airport infrastructure, with standout stocks AOT, CENTEL and THAI. The banking group, or BANK, grows in line with an overall GDP recovery driven by the budget injection, with standout stocks BBL, KBANK and KTB. The construction and construction materials group will unlock the investment cycle and disbursement of state mega-projects, with standout stocks SCC, SCCC, TPIPL, CK and STECON. In a highly volatile market, the research department selected standout stocks with their own specific positive factors. CK gains fully from the positive momentum of the fiscal 2027 Budget Act passing parliament, with expectations that state mega-projects will move forward. ERW is a tourism stock benefiting from the weaker baht, government stimulus programs such as Thai Tiew Thai Plus, and the Golden Week festival. BDMS is a medical stock whose current price has been slow to rise, or a laggard, but its third-quarter 2026 earnings are expected to recover strongly on both Thai and foreign patients.

Impact on assets 16

Industrials▲
CH. Karnchang PCL
CK
▲ PositiveDemandrelevance

CK gains fully from the fiscal 2027 Budget Act passing parliament, with state mega-projects expected to move forward.

Consumer Discretionary▲
Digital Finance & Tokenization▲
Consumer Staples▲
Financials▲
Aging Population▲
Climate Adaptation & Water▲
Materials▲
Artificial Intelligence▲
Aerospace & Aviation▲
Energy Transition & Power Demand▲