Sawasdee – August 8, 2022
Limited short-term upside. Follow US inflation report |
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Market today | ||||
The SET is seen to have short-term limited upside around 1,610–1,620; beware of weakening by profit-taking to reduce risk before the US inflation report on Wednesday. Additionally, US employment report last week showed a higher rise than expected, generating concerns about the Fed’s interest rate hike path. The lower bound is at supports of 1,594 and 1,586 and if it goes lower, it would be a negative signal. | ||||
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Company analysis | ||||
AOT – Preview 3QFY22: Losses down YoY and QoQ – Outperform | ||||
STANLY – 1QFY23: Weak YoY and QoQ – Neutral | ||||
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