Navigating Uncertainty: Thai Inventory Market Insights Amid Political Developments and Financial Indicators

Column: Examine inventory tendencies

Thai shares final week (12-16 August) have been combined.

by “Nattaphon Khamthakruea” Director of Securities Evaluation at Yuanta Securities (Thailand) mentioned that the Thai inventory market final week Most elements rely on the politics of Thailand for the choice of the Constitutional Court docket. Within the case of eliminating the Prime Minister Having determined that Mr. Settha Thavisin ceases to be Prime Minister. prompted the Thai inventory market to say no and modify on the finish of the week

After US retail gross sales got here out nicely and the variety of folks making use of for unemployment advantages fell This relieves the market of concern that the US economic system shouldn’t be going into recession.

Waiting for the approaching week (19-23 August), “Nattaphon” mentioned that he should comply with the reporting on gross home product (GDP) for the second quarter of 2024 on 19 August and the assembly of the Financial Coverage Committee (. MPC ) on August 21, which is predicted to take care of rates of interest at 2.5%. There may even be a World Central Financial institution assembly on August 22-24.

Together with follow-up work on the appointment of the brand new Cupboard (Cupboard), by which route will it’s? It stays to be seen whether or not the market will settle for it or not. Particularly on the facet of the Ministry of Finance. As a result of it is going to have an effect on the progress of the Vayupak Fund, which is able to have an effect on the Thai inventory market.

“The Thai inventory market this week is dependent upon the second quarter GDP numbers that will probably be revealed. The market is predicted to develop at 2.1%. decrease than anticipated. A drop within the help degree of 1,290 factors could also be seen. “

for funding methods Advocate shares that pay excessive dividends, reminiscent of GUNKUL, SCB, the retail sector, after this group of shares fell after the removing of the Prime Minister. and that when there’s a new prime minister Advocate CPALL, CPAXT, BJC.

Learn the unique information at: SET hopes {that a} “GDP-MPC resolution” will comply with the federal government’s appointment

Comply with the newest information day-after-day right here.
– Web site: