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Thai Stock Market Fluctuations Revealed by Krungsri Securities Assistant Director Chaiyot Chiwangkun

Mr. Chaiyot Chiwangkun Assistant Director of Securities Analysis Department Krungsri Securities Public Company Limited Revealed in the program “Market breaking news” Today (January 3, 2024) the Thai stock market is showing signs of fluctuation. After yesterday, there was an improvement. But the trading value is still light, amounting to only 40 billion baht. which is considered to be at a very low level It shows the opposite characteristics between the rising index and various stocks. Those that appeared yesterday were considered secondary, such as the travel and electronics groups. Therefore, the support index is 1,425 points and the resistance is 1,440 points.

While the hotel group has not seen an improvement, we maintain our short-term “speculative buy” recommendation, which will benefit from the government’s announced visa-free measures that will result in more investors from China coming in. which is the result of communication links For investment, the workers used are often Chinese because of the language factor. This has not yet affected domestic workers. Because it is a tourist visa

While the energy, bank and IT groups prices remained stable. Therefore, when there will be money flowing in, it is recommended to play “rebound” only on stocks that have gone down deeply.

Recommended investment strategies “Speculative buying” in companies that predict their financial statements may improve in the future, such as power plants that have been affected by the price of crude oil falling by approximately $2, namely Gulf Energy Development Public Company Limited or GULF andCK Power Public Company Limited or CKP

The groups that the market likes after the above factors occur are: Global Power Synergy Public Company Limited or GPSC andB.Grimm Power Public Company Limited or BGRIM Looking at the stock itself, GULF has less price volatility than both GPSC and BGRIM.

2024-01-03 05:03:01
#Chaiyot #advises #speculation #power #plant #group #highlighting #GULF #outstanding

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