Sawasdee – August 22, 2022
Concerns over Fed’s high rate hike weighing on market mood |
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Market today | ||||
The SET is likely to fall on concerns over a 75 bps hike in the interest rate by the Fed at next month’s meeting. Investors are also worried that US prelim GDP for 2Q22 will be lower than the advance figure. We assign supports at 1,617 and 1,605; resistances at 1,630 and 1,643. | ||||
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Company analysis | ||||
SIRI – 2Q22: Outstanding quarter – Neutral | ||||
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