Thai investors should focus on defensive stocks, particularly energy producers and banks with strong company-specific catalysts, as escalating geopolitical tensions and expectations of prolonged high interest rates reshape market sentiment, according to analysts.
Asia Plus Securities (ASPS) recommends stocks that stand to benefit directly from rising oil prices or prolonged higher interest rates, highlighting PTT Exploration and Production (PTTEP), Krungthai Bank (KTB) and SCGJWD Logistics (SJWD) as its top picks.
