Summary · why it matters
CGS International Securities (Thailand), or CGSI, expects the SET Index to move in a range of 1,575 to 1,595 points today, supported by the U.S. stock market, where the S&P 500 and Nasdaq closed at record highs, while concerns over oil prices and U.S. government bond yields have begun to ease. In the U.S. market, the Dow Jones Industrial Average closed at 51,521.28 points, up 253.38 points or 0.49%. The S&P 500 closed at 7,818.93 points, up 44.98 points or 0.58%, and the Nasdaq closed at 27,599.79 points, up 122.48 points or 0.45%. In Europe, the STOXX 600 closed at 636.63 points, up 3.01 points or 0.48%. Crude oil prices saw the November WTI contract close at 89.44 dollars per barrel, up 0.01 dollars or 0.01%, and the December Brent contract close at 100.58 dollars per barrel, up 0.26 dollars or 0.26%. December COMEX gold closed at 4,187.10 dollars per ounce, up 30.30 dollars or 0.73%. CGSI noted that investors still need to watch the Fed meeting report tonight to assess the direction of U.S. interest rates for the remainder of the year. Among its recommended stocks, CGSI expects Delta Electronics (Thailand), or DELTA, to post higher revenue in the second half of 2026, driven by a continued recovery in profit margins, and estimates third-quarter 2026 revenue growth of about 15% from the previous quarter, with a take-profit level of 276 baht and a stop-loss level of 269 baht. Gulf Development, or GULF, is supported over the long term by its renewable energy business, data centers, and the MTP3 LNG Terminal project, which CGSI sees as a key driver of profit growth from 2030 onward, with a take-profit level of 60.50 baht and a stop-loss level of 59 baht.
Delta Electronics (Thailand) Public Company Limited
Gulf Energy Development Public Company Limited