Sawasdee – May 19, 2022

Tags: BJC

Moving down as rate is hiked to slow inflation

Market today
The SET is expected to move down on limited push for recovery and major pressures remain: hikes in interest rates to slow inflation and slowing economies. The SET’s supports are at 1,600 and 1,590, and resistance is limited at 1,625.

Download
Company analysis
BJC – Shored up by strong sales revival – Outperform