Sawasdee – August 26, 2022
To move between 1,637 and 1,650. Waiting for the Fed president’s speech |
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Market today | ||||
The SET is expected to fluctuate between the bounds of 1,637-1,650 as the market waits for the Fed president’s speech tonight to get a hint of the probability of a 75bps hike at the next meeting as 2Q22 GDP report was better than expected. Overall, we are cautious on investment as the market has risen steadily, reducing upside and bringing the probability of profit-taking. | ||||
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Company analysis | ||||
ZEN – Earnings to strengthen in 2H22 – Outperform |
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