Phillip Securities assesses that the SET Index next week, from 12 to 16 October 2026, is likely to move sideways to sideways up in a range of 1,565 to 1,600 points, supported by the annual IMF-World Bank meeting in Bangkok from 12 to 18 October. UTCC expects around 15,000 to 20,000 attendees, and if average spending runs 30,000 to 50,000 baht per person, it would generate roughly 5 billion to 10 billion baht in short-term circulation in the economy. The research team views this as positive sentiment for tourism and related stocks, as well as the electric train and oil retail groups. And given that the deputy prime minister and finance minister indicated there will be a forum discussing AI infrastructure and data centers, the team is positive on the power plant and utilities group, the communications group, the electronics group, and the industrial estate group. Meanwhile, speculation over third-quarter 2026 earnings, starting with TISCO, whose net profit is expected to grow 5.3% year-on-year and 3.3% quarter-on-quarter, is another supporting factor. Global stock markets are expected to move sideways to sideways up, with attention on US September CPI and PPI figures, which could accelerate on crude oil prices, and the IMF-World Bank meeting on 16 October, where Federal Reserve Chairman Kevin Warsh will take the stage alongside the IMF's Kristalina Georgieva to discuss the direction of the global economy.
TISCO Financial Group Public Company LimitedSpeculation over Q3 2026 earnings with TISCO's net profit expected to grow 5.3% y/y and 3.3% q/q is a supporting factor for the index.
