Sawasdee – August 25, 2022
Fluctuating within bounds. Waiting for the Fed president’s speech |
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Market today | ||||
The SET is expected to fluctuate between the bounds of 1,625-1,643 as the market waits for the Fed president’s speech on Friday to see if he gives a signal about the amount of interest rate rise at the next FOMC meeting on Sept 20-21. Domestic political issues remain in the forefront and fund inflow continues to shore up the market. However, be cautious at the lower bound, as a fall below 1,616 is a negative signal. | ||||
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Company analysis | ||||
BLA – Easing combined ratio ahead – Outperform |
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