Brokers evaluate June stocks in the range of 1,500-1,575 points.

3 brokers evaluate Thai stocks in June 2023, moving in the range of 1,500-1,575 points after there are no supporting factors. Including factors in the country, politics that still lacks clarity in the formation of the government that can take quite some time As for foreign countries, they are waiting for the Fed to slow down the increase in the interest rate even though The United States has reached an agreement to increase the debt ceiling. But foreign fund flows are still likely to flow out. We recommend stocks or defensive stocks to benefit from the opening of the city. Top picks for June: MAKRO, BJC, MINT, SPA, WHA, AMATA and BGRIM.

TISCO sees stock outlook in June not good, recommends defensive stocks.

Apichat Phobanjerdkul Mr. senior director Strategic Analysis Division, TISCO Securities revealed that the overall stock market in June was not good due to many negative factors. Especially the political factors in the next 1-2 months are unclear. You have to wait until you vote to choose the prime minister.

While for foreign factors, although the issue of increasing the US debt ceiling has been completed, there are concerns about liquidity in the system. after the US government will return to selling bonds will absorb liquidity from the market. and it will make the yield of the bond increase as well

“It is recommended to follow the United States Federal Reserve (Fed) meeting. The market has started to adjust their view that the Fed has an opportunity to continue to raise interest rates by 0.25% at the June meeting, from the original expectation to give the better to raise interest rates Causing the market to worry again Bond yields continue to adjust again. Mr. said

It is estimated that Asian stock markets in June will not perform, with resistance of 1,570-1,575 points and support of 1,500 points. Jun recommends defensive stocks.

UOB sees the June market as stable, without positive factors

Mr. Kijphon Pripaisankij, Assistant Managing Director and Strategist, Securities Analyst Department Mr. Securities company (BEC) UOB (Thailand) said that the trend of the Thai stock market during June is expected to move in a stable manner. Thai stock index (SET INDEX) Because there are no clear positive and negative factors influencing the market. With domestic factors during this period, nothing remains. Only political factors are unclear in the formation of a government. which can take quite a while

part of external factors The US Federal Reserve (Fed) is expected to stop raising interest rates. and reaching an agreement to increase the US debt ceiling should be resolved

Although it is believed that the direction of foreign fund flow continues to slow down the purchase. Due to the tendency of the baht which is still depreciating, causing the SET INDEX not to be able to recover clearly.

However, the index movement frame is estimated at the level of 1,520-1,570 points for investment strategies, recommending Selective Buy, a group of stocks that benefit from the opening of the city. Especially recovering domestic consumption and tourism sectors such as retail, tourism, industrial estates and power plants. Stocks expected to perform prominently in June include MAKRO, BJC, MINT, SPA, WHA, AMATA and BGRIM

Finansia Syrus recommends gradually accumulating stocks around 1,500 points.

Mr Weerawat Wirojpoka, Director of Securities Analysis Department, Finansia Syrus Securities, said that the Thai stock market in the month of June is characterized by a sideways swing. Waiting to see the clarity of the government organization. Because the factors that cause the stock market to fall are mainly domestic factors. In terms of foreign factors, the US debt ceiling has been resolved, looking at the support level of 1,500 points, but if the government organization is clear, the index is expected to be 1,555-1,560 points.

Regarding the June investment strategy, it is recommended to invest in stocks that have positive factors and are affected by the limited policies of the new government, such as the hospital and tourism group, whose prices have fallen quite sharply. but the fundamentals are still good Income content is not affected by the global economic slowdown. Recommend gradually accumulating more basic stocks at a level of 1,500 points.