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SCB shares closed the first day of trading at 114 baht, an increase of 60.56%, a level suitable for the market.

SCB X Public Company Limited or SCB Closing the first trading day (27 April) at 114 baht, an increase of 60.56% or 43 baht from the previous closing price of 71 baht, gradually decreasing. From the opening price in the morning at 120 baht, an increase of 69.01% or 49.00 baht, an increase of 60.56%

The share price SCB Movement in line with the Thai stock market closed down 70.8 points and bank stocks After investors closed the risk, worried about the Fed’s tightening monetary policy. and tense war

Mr. Nattapon Kamthachue, Director of Securities Analysis Department Yuanta Securities said SCB share price Close today is a reasonable level. In which the stock after making a tender offer, the share price will fall andscbx with dealBit still unclear Including the business image is consistent with the big bank stocks for some time throughout this year. until new businesses or subsidiaries that is separated from the commercial bank business will generate income and profits back into the balance sheet

“Right now, SBC’s share price has reflected the equilibrium point. because despite the business restructuring But it is in the form of a fine brand only. Fundamentals still come from the core business, which are commercial bank Throughout this year, the upside is limited. with supporting factorsBank stocks is the Fed raising interest rates still need to follow upFed meeting May this year, still view the reasonable price at the end of this year at 154 baht ”

Recommend to buy if it is a long-term investment based on fundamentals from business restructuring that will generate growth in the future. But if it is a short-term investment this year May have to wait for the moment after the May Fed meeting has passed.

Proofread by….Suree Silawong