SET Breakout: ‘Asia Plus’ Reveals Top 3 Stocks to Ride the ‘Flow’ Wave Beyond 1,450 Points

Asia Plus Securities Company Limited It is noted in today’s analysis (25 September 2024) that the announcement of a major Chinese economic stimulus package covers reducing interest rates and stimulating the purchasing power of real estate. and supporting the stock market It is considered a set of confidence-building measures, as shown by the strong rise in the Chinese stock market.

At the same time, it increases the prices of many types of GOODS. For the Thai economy, which exports to China 15.5% of the total export value, it is likely to benefit positively from such measures.

However, there is still an obstacle in terms of the rapidly appreciating baht. The government is ready to negotiate with the BoT on maintaining the value of the baht at an appropriate level. One method likely to be used is to reduce interest rates. Currently, there is already pressure to reduce following the global interest rate cycle which is in a downward spiral. Such conditions are considered positive for the stock market. Breaking through SET INDEX resistance at 1,450 points, looking ahead, we still see FUND FLOW preparing to flow into the market. Today, the forecast is a range of 1,452-1,470 points As for TOP PICK stocks, select PTT, SCC a TOP