Sawasdee – June 14, 2022

Tags: VCOM

Still pressured by inflation and higher interest rates

Market today
The SET is likely to fall in response to pressure from a accelerating inflation, causing economic concerns and a possible hike in interest rate. Watch the FOMC meeting on June 14-15. The SET has supports at 1,580 and 1,560 which could be a turning point, and resistance is pegged at 1,617 and 1,627.

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Company analysis
VCOM – 1Q22: Core profit weaker YoY – Neutral