Sawasdee – July 12, 2022

Tags: AP

Moving between 1,550 – 1,570, waiting for US inflation report

Market today
The set is moving between 1,550 and 1,570 as it waits for the June US inflation figure which will be reported tomorrow, while the SET is closed for a long holiday. A short-term support is between 1,540 and 1,550 and if it does not fall lower, it would be a positive sign for recovery; resistances are at 1,570 and 1,577.

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Company analysis
AP – 1H22 presales achieved 51% of target – Outperform