Sawasdee – August 19, 2022
Risks pressuring the market. Negative if below 1,629 |
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| Market today | ||||
| The SET is seen to have risks from 1) a slowdown in economic figures expected in US and EU PMI reports next with, as well as 2Q22 US GDP (second estimate), which is likely to contract; 2) COVID-19 outbreak situation in China as the number of cases is rising and 3) the weakening of the Thai baht, negative to fund flows. Therefore, keep an eye on the market and take care at the lower bound of 1,629. A drop below is a negative signal. The market yesterday did not break through resistance of 1,643. | ||||
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| Company analysis | ||||
| BCH - 2Q22: In line with estimates - Neutral | ||||
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