immediately, the Thai inventory value Transition Body 1,370 – 1,385 factors

Thai inventory actions immediately Count on a motion of 1,370 – 1,385 factors.

Pie Securities Firm evaluates the SET Index Motion inside the vary of 1,370 – 1,385 factors The funding technique nonetheless suggests a gradual accumulation as earlier than with a beautiful valuation stage together with the Thai economic system will speed up its restoration within the second half of the 12 months. along with the Digital Pockets coverage to assist the economic system INCLUDING THE SALES GROUP CPALL DOHOME GLOBAL HMPRO Business Financial institution BBL KBANK KTB SCB Purchasing Heart CPN Finance MTC SAWAD TIDLOR CBG Drinks ICHI TOP Refinery AMATA Industrial Property

Market replace

The Dow Jones inventory market closed down 0.49% final night time, pressured by a fall in JP Morgan shares after an govt introduced that he would retire before beforehand introduced. BRT crude oil costs closed down 0.3% after Fed officers stated the Fed ought to wait for added proof earlier than deciding to chop rates of interest.

Market Outlook

Yesterday, NESDB reported that the 1Q24 Thai economic system expanded 1.7% YoY, higher than the Bloomberg Consensus expectation of 0.8% YoY GDP construction discovered that consumption expanded 6.9% YOY, non-public funding +4.6%, however the remaining damaging consists of. public funding -27.7% Authorities spending -2% YoY Export worth of products expanded -1% YoY for consumption from consumption within the service sector +13.7% YoY after consumption within the resort and restaurant group +42.7% YoY mixed to the monetary companies group +8% YoY, based on Non-durable items consumption +4.7percentYOY

Nonetheless, items had been steady -6.8% YoY as spending on autos was down -14% YoY Public funding was down considerably because of the delay within the 2021 annual finances course of Authorities spending was down because of the price of buying items and companies -. 7.6% YoY Principal assist nonetheless comes from consumption anticipated to broaden 4.5% YoY, non-public funding +3.2% YoY, exports +2% YoY Nonetheless, public funding is estimated to lower -1.8% YoYShopper based mostly teams like retail, BJC, CPALL, DOHOME, GLOBAL, HMPRO, journey, AOT, CENTEL, MINT, CPN purchasing heart Count on to see the Thai economic system speed up after this. There are not any main options to observe tonight, ready for tomorrow’s US pre-owned house gross sales tomorrow.

Really useful shares to purchase immediately

TIDLOR (Purchase / Goal value 27.00 baht)

2024 is anticipated to be a greater 12 months. Internet revenue is anticipated to develop stronger by 19% from 4.1% development in 2023. The restructuring to the type of a Holding Firm is not going to considerably have an effect on TIDLOR’s operations and can improve flexibility. and larger effectivity in administration As well as, the corporate might be able to pay more money dividends sooner or later.

AMATA (Purchase / Goal value 30.30 baht)

1024 is anticipated to be the bottom interval of the 12 months as AMATA nonetheless has a backlog to acknowledge income of greater than 13,000 million baht to be acknowledged steadily throughout 20-3Q as earlier than at 2,246 million baht (+19% YoY) from the above elements together with AMATA will profit from shifting its manufacturing base out of China because of commerce battle issues.