Sawasdee – May 23, 2022
Limited upside around 1,630-1,637 |
||||
| Market today | ||||
| The SET is seen to have limited upside at 1,630-1,637 and still lacks support that will counter the major pressures of hikes in interest rates to slow inflation, following the FOMC meeting and US economic reports this week, which signals an economic slowdown. The supports are at 1,605 and 1,590, and the SET is bearish if it goes below. | ||||
|
|
||||
|
||||
| Company analysis | ||||
| CBG – Positive from 2H22 onward – Upgrade to Outperform | ||||
| SIRI – 1Q22: Down both YoY and QoQ – Neutral | ||||
| STANLY – 4QFY22: Weak YoY but strong QoQ – Neutral | ||||
FOLLOW US
SCB's Facbook INVX's Twitter