Sawasdee – July 20, 2022
Rebound on positive sentiment from US markets |
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| Market today | ||||
| The SET is expected to rebound, supported by positive sentiment from the outstanding recovery in US markets that resulted from good quarterly results. Resistances are at 1,545 and 1,555 and short-term support is between 1,520 and 1,530. This week’s highlight is the ECB meeting on Thursday. | ||||
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| Industry analysis | ||||
| Finance – Preview of 2Q22: Continued recovery | ||||
| Petrochemicals – Falling naphtha cost widens product spread | ||||
| Company analysis | ||||
| GGC – Profit looks good in 2Q22F, though down QoQ – Neutral | ||||
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