บทวิเคราะห์ (Research)

KSS Daily Strategy: Expected SET movement today is “range-bound” with resistance at 1,351/1,355 points and support at 1,340/1,335 points. The S&P 500 declined by -0.47% following the Fed meeting, which maintained a neutral tone - keeping interest rates unchanged while remaining cautious about future rate movements. This was reflected in the narrow fluctuation of US bond yields.Market pressure mainly comes from the tech sector, particularly after Trump announced plans to tighten chip export restrictions to China. After-hours, Tesla reported lower-than-expected earnings, while Microsoft exceeded profit expectations but saw slower cloud revenue growth, raising concerns about continued investment. Only Meta saw gains from strong revenue, leading to a shift in focus towards value stocks, which could support continued capital inflows into Thailand.Domestically, progress is being made on addressing household debt issues, with the "Khun Su, We Help" program expected to assist over 500,000 registrants (excluding those registered directly with banks). New S-Curve developments are advancing, including the Council of State's review of the Entertainment Complex Act and the growing momentum of Infra Tech investments, as seen in TikTok’s BOI application for a 120 billion baht data center project.Key stock themes include banks leading the market, beneficiaries of the new S-Curve with progress in the Entertainment Complex sector such as BTS, supported by the Joint Ticket Act, and BA, as well as Infra Tech sectors including telecom, electricity, and digital industries. Industrial estates also remain in focus. Today's top stock picks are KBANK, KTB, and BTS, which also have potential for share buybacks