Sawasdee – July 6, 2022
Negative factors beset the market |
||||
| Market today | ||||
| The SET is likely to continue to fall as it continues to be weighed down by negative factors: 1) interest rate hikes to tackle inflation, which will hurt the economy, 2) a weaker Thai baht, sending fund flows out and 3) a rise in the number of new COVID cases in many areas. Supports are at 1,530 and 1,520 and recovery is limited at resistance between 1,560 and 1,570. | ||||
|
|
||||
|
||||
| Industry analysis | ||||
|
Petrochemicals
– Recession fears depress market outlook |
||||
| Company analysis | ||||
| AEONTS – 1QFY22: Beat on lower provisioning – Neutral | ||||
FOLLOW US
SCB's Facbook INVX's Twitter