Sawasdee – July 11, 2022
Still in recovery if it can stay between 1,540 – 1,550 |
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Market today | ||||
The SET is seen as being in recovery, supported by the return of foreign buying on fund inflows after the Thai baht’s depreciation slowed. A short-term support range is between 1,540 and 1,550. If it can avoid falling below this range, it is a good signal for recovery. Resistance is at between 1,570 and 1,577. This week’s focus is on June US inflation, to be released July 13. | ||||
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Company analysis | ||||
CPALL – Solid 2Q22F growth YoY – Outperform | ||||
SCGP – Gradual improvement QoQ in 2Q22F – Outperform | ||||
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