Selective Thai stock picking remains viable, driven by two main themes: 1) October 2026 exports are expected to stay strong, tracking regional peers (South Korea +93%, Vietnam +51%, China +35%); and 2) the Cabinet's approval of the 7-tier Data Center framework (0.5–200+ MW).
Meanwhile, concerns surrounding tomorrow morning's MSCI Rebalance announcement are likely contained. The SET's index weight is expected to remain stable or dip slightly. Over the past three months, the SET (-8.78%) underperformed the MSCI EM (-5.96%) by only a narrow margin, and still outperformed Brazil and China, which suffered double-digit declines.

Attached Documents :

Synapse261111eng.pdf