Finansia Syrus Securities Assessing market trends today (July 12, 2023), the SET is expected to swing sideways up to a range of 1,500-1,510 points, supported by energy sector after crude oil prices rose strongly last night due to many factors, including a weak Dollar Index. tighter supply And China prepares to stimulate the economy further.
However, the upside estimate is still not wide. The market is waiting to keep an eye on US inflation figures in June tonight, if it slows down more than expected, it will put pressure on risky assets again.
The main focus for the SET Index remains on domestic politics, which is set to vote for the Prime Minister tomorrow at 5:00 PM. unlock Enhances investor confidence and expectation of economic stimulus measures in the short term, positive for domestic play, especially those related to spending.
While forecasting and announcing 2Q23 profit will be another factor determining the direction of the index in the next 1 month. The banking group started announcing profits today.
Strategy: Choose to invest in stocks that expect strong profits in the 2nd quarter of 2023. The accumulated portion will continue to invest.
Top picks for July: CPALL, CPN, MINT, NSL, TOA
2023-07-12 02:10:08
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