Sawasdee – September 5, 2022
Limited recovery, still pressured by rate uncertainties |
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| Market today | ||||
| Recovery in the SET is seen as limited, with the upper bound at resistance of 1,630–1,640 as it continues to face uncertainty whether rate will be upped by 75bps or 50bps at the FOMC meeting on Sep 20-21. A major factor is the US inflation report next week, putting the market in risky territory with downside. The next supports are at 1,610 and 1,600. | ||||
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| Company analysis | ||||
| THANI – Better loan growth and asset quality – Neutral | ||||
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