Sawasdee – July 15, 2022

Tags: TISCO

Accelerating inflation and recession worries continue to pressure

Market today
The SET is expected to drop, pressured by rising inflation that will hurry the Fed’s step up in interest rates, leading to concerns of a recession. The SET has supports at 1,530 and 1,520, and overall is seen to have limited downside at 1,500. Resistances are between 1,550 and 1,560.

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Company analysis
TISCO – 2Q22: Slight beat on a one-off gain – Neutral