If the index falls below 1,629, the direction will be downward
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Market today
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| The SET is expected to be sentimentally negatively affected by US markets after the Fed Minutes reported it would move forward on raising interest rates to tackle inflation; technical signals suggest overbought and divergence. Therefore, be cautious around the lower bound of 1,629, and a fall below that is a negative sign. Yesterday the market did not break through resistance of 1,643. |
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Company analysis
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BJC
- Driven by strong sales growth in 2H22F - Outperform
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CRC
- Raised 2022F sales and margin targets - Outperform
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TIDLOR
- Raised credit cost guidance - Outperform
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