Sawasdee – September 7, 2022
Rate hike concerns still pressuring |
||||
| Market today | ||||
| Recovery in the SET is seen as limited, with the upper bound at resistance of 1,640, with rate hike concerns returning to haunt. Added to this are concerns over China’s economy and the supply chain after cities have been locked down to control COVID-19 outbreaks. Supports are at 1,627 and 1,618, and if it falls below support, it would be a negative signal. | ||||
|
|
||||
|
||||
| Industry analysis | ||||
| Petrochemicals – Integrated PET/PTA spread outperforms | ||||
| Residential Property – Achieving 2022 growth targets | ||||
|
|
||||
FOLLOW US
SCB's Facbook INVX's Twitter