Sawasdee – September 8, 2022
Limited upper bound, risks continue |
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| Market today | ||||
| Recovery in the SET is seen as limited at a previous high of 1,650 as the market lacks supporting factors and faces risks from: 1) tightening monetary policies by central banks; 2) effects from China’s economic slowdown and 3) an energy crisis in Europe. Domestic risks include a political issue regarding the 8-year term limit for a prime minister. Lower bounds are at 1,630 and 1,620; a fall below is a negative signal. | ||||
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| Company analysis | ||||
| ACE – Progress of new capacity remains slow – Neutral | ||||
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