Sawasdee – June 24, 2022

Tags: BDMS

Hampered by rising worries on the effect of higher interest rates on the economy

Market today
The SET is seen to have little room for real recovery with resistance between 1,570 and 1,580, pressured by rising interest rates to tackle inflation, affecting the economy. Powell said he is determined to raise rates to tackle inflation regardless of the impact on the economy. The SET supports are at 1,550 and 1,540.

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Company analysis
BDMS – Price laggard against earnings uptrend – Outperform