Sawasdee – June 2, 2022

Tags: THANI

Weaken as bond yield continues to rise

Market today
The SET is expected to weaken as bond yield continues to rise while the US dollar begins to appreciate and the Thai baht weaken, causing outflows and profit-taking after earlier rises in the market led to inflows. The SET has supports at 1,650 and 1,645, and resistance is limited at 1,668.

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Company analysis
THANI – Better loan growth and asset quality – Neutral