Sawasdee – June 23, 2022
Worries over higher interest rates pressuring the economy |
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| Market today | ||||
| The SET is expected to fall due to concerns on Powell’s statement that it is necessary to raise interest rate to slow down inflation, which will affect the economy. Plus, the sharp fall in oil price will hurt the Energy sector. The supports are at 1,550 and 1,540, and the upside is limited ata resistance between 1,570 and 1,580. | ||||
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| Company analysis | ||||
| CBG – Less pressure on cost, volume doing well – Outperform | ||||
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