Yuanta sees Thailand hosting IMF–World Bank meetings as a boost for SET Outperform, names stocks across 4 themes

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Summary · why it matters

Yuanta Securities (Thailand) assesses that Thailand's hosting of the IMF–World Bank Annual Meetings 2026, to be held from 12-18 October 2026 at the Queen Sirikit National Convention Center, will be a positive factor for the Thai stock market. It marks Thailand's return as host after 35 years, having last hosted in 1991, and more than 15,000 participants from 191 countries are expected. Thailand is presenting the concept "A New Horizon for Thailand: Empowering People, Strengthening Readiness for Change," and will push four main issues: the transition to digital and AI, the role of middle-sized countries in a multipolar world, coping with climate change, and preparing the economy for an aging society. Yuanta's research team cites the case study of Indonesia, which hosted in 2018, finding that the JCI Index rose 2.8% in the one month after the meetings and outperformed MSCI EM, MSCI DM and MSCI ACWI, which delivered negative returns during that period. It therefore sees the SET Index as likely to outperform regional markets. The digital and AI theme is positive for SMT, HANA, CCET, AMATA, WHA, DITTO and SKY, while the middle-sized countries theme, aimed at supporting SMEs, is positive for KBANK, SCB, KTB, SAWAD and MTC. The climate theme is positive for GUNKUL, SSP, GULF, DITTO and TEAMG, and the aging society theme is positive for BDMS, BH, BCH and CHG. It also sees the tourism group benefiting directly from an acceleration in traveler numbers, namely AOT, THAI, BA, ERW, CENTEL, MINT and AWC, with several large concerts choosing to hold events in Thailand during November-December providing continued support.

Impact on assets 27

Financials▲
Health Care▲
Bumrungrad Hospital PCL
BH
▲ PositiveDemandrelevance

Named in the aging society theme as a beneficiary of Thailand's IMF-World Bank hosting, which Yuanta sees as positive for the SET.

Consumer Discretionary▲
Energy Transition & Power Demand▲
Semiconductors▲
Climate Adaptation & Water▲
Industrials▲
Airports Of Thailand PCL
AOT
▲ PositiveDemandrelevance

Named in the tourism group expected to benefit directly from an acceleration in traveler numbers around the meetings.

Aging Population▲
Carbon Removal (DAC)▲
Information Technology▲
Sky ICT Public Company Limited
SKY
▲ PositiveDemandrelevance

Named among stocks benefiting from the digital and AI theme pushed at the IMF–World Bank meetings Thailand will host.

Aerospace & Aviation▲
Real Estate▲
Robotics & Physical AI▲
Digital Finance & Tokenization▲
Artificial Intelligence▲