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CPF rises 4.60%, meat prices continue to recover, aiming for extra profit after joining the sale of MAKRO : InfoQuest

CPF shares rose 4.60% to 25.00 baht, an increase of 1.10 baht, trading value 1,006.75 million baht at 3:29 p.m., with the market opening at 24.00 baht, the highest price was 25.00 baht and the lowest price was 23.90 baht.

Phillip Securities (Thailand) indicated in its analysis recommends to invest in stocks that are expected to recover following the economy next year. Choose shares of Charoen Pokphand Foods PLC (CPF). Meat prices continue to recover. Which has improved both from good meat prices both in Thailand and abroad. In addition, there is also a special profit after selling 66 million shares of MAKRO shares.

with the expectation that in the year 65, normal operating results will return to recover following the increase in meat prices both in Thailand and abroad The trend of raw material prices gradually decreased. In addition, the purchasing power that came back after the Covid-19 subsided.

By InfoQuest News Agency (29 Dec. 64)

Tags: CPF, Phillip Securities, Thai stocks, Charoen Pokphand Foods

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