#ThanHoon-Asia Plus Guarantees He said Thai inflation in May rose 0.53% yoy, the lowest in 21 months and below the market at 1.6% yoy due to falling fuel prices. Although core inflation grew by 1.55% yoy, the Ministry of Commerce expects inflation in June to decline from the high base in June ’22 and lower fuel costs. Perspectives on Inflation for the Year 2023 is expected to expand in the range of 1.7% -2.7%, assessing the direction of inflation which tends to slow down and is within the BOT’s target range, reducing the need to accelerate interest rates. This is positive for high dividend stocks (like TISCO LH) and consumer stocks (like CPALL, CRC and SNNP).
As for the direction of the Thai stock index this afternoon, it is expected to fluctuate within a range of 1,525-1,540 points. Investment strategies such as BEM, MAJOR and PTTEP, and technical stocks this afternoon such as TIPCO and SABINA.
Kasikorn Securities Evaluate the Thai stock market swing out inside the 1,520-1,535/1,555 point frame after the lack of new factors supporting the market After acknowledging the US non-farm employment data The expectation that the Fed keep the interest rate, including the Services PMI data, while the weight factor comes from the finance group that the BOT will manage the hire purchase business, starting November 1, for fairness to the debtor.
Globlex Securities Shows that the index depends on stock sales tax concerns. and VAT As political party policies stimulate spending and a welfare state requires more income to be a factor that puts pressure on the index. This afternoon there is support at 1,525 points and resistance at 1,540 points.
Know the game, know before anyone else, follow “Thun Hoon” here.
Facebook Click https://www.facebook.com/Thunhoonofficial/
YOUTUBE click https://www.youtube.com/channel/UCYizTVGMealUUalT6VdUdNA
Click Tiktok https://www.tiktok.com/@thunhoon_
[email protected] Click https://lin.ee/uFms4n5
Click TELEGRAM https://t.me/thunhoon_news
Click Twitter https://twitter.com/thunhoon1
