Sawasdee – June 20, 2022
A chance to rebound if it closes between 1,540-1,550 |
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Market today | ||||
After closing around support between 1,540–1,550, there is a chance the SET will rebound if it does not close below that. The SET decline reflects worries of an economic slowdown from higher interest rates, and outflows from PTT and its affiliates pressured the market, while easing traveling restrictions benefited the tourism sector and was positive to the market. The SET resistances are at 1,570 and 1,585. | ||||
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Industry analysis | ||||
Tourism – July 1: Thailand Pass, COVID-19 insurance gone | ||||
Company analysis | ||||
CRC – Growing with store expansion and revived SSS – Outperform | ||||
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