SET:KTB 22 February 2026

Thailand stocks week ahead: SET turns to Feb 25 rate call after GDP surprise, dividends

Thailand’s SET Index closed Friday at 1,479.71, down 14.20 points, with turnover near 90.49 billion baht. The market reopens Monday as traders await the Bank of Thailand’s Feb. 25 rate decision, after GDP growth beat forecasts at 2.5% year-on-year in Q4. Krung Thai Bank reported 48.2 billion baht annual profit and flagged a lower net interest margin for 2026. The baht traded at 31.0510 per dollar, down 0.41% on Feb. 20.

22 February 2026

SET:KBANK·SET:KTB·Stock Market

RLX Technology: Shares Slide 88% Over 5 Years but DCF Model Shows Undervaluation
March 14, 2026, 1:36 PM EDT. RLX Technology's shares have slumped 87.8% over five years, trading around US$2.25, raising questions about its value. The Chinese e-vapor firm's stock has seen mixed returns recently with a 4.2% gain over one year but declines over longer periods. A Discounted Cash Flow (DCF) analysis, projecting future cash flows discounted to their present value, estimates RLX's fair value at US$3.86 per share. This suggests the stock is undervalued by 41.7% versus its current price, indicating potential upside. However, investor caution remains due to regulatory concerns and sector prospects. RLX's 4 out of 6 valuation score reflects moderate risk, highlighting the need for investors to weigh growth expectations amid ongoing market uncertainties.