UOB Kay Hian says Thai equities should benefit from an improved economic outlook
and maintains a bullish view for July. The BOT recently raised its 2026 GDP
forecast to 2.3% from 1.5%. Inflation remains within the BOT’s 1–3% target
range. A real negative-rate environment could shift allocations from government
bonds into equities, supporting demand and offering investors a route to
outperform inflation.
