Globelex selects 6 outstanding stocks in the EV parts group, assessing Thai stocks as volatile this week, giving a range of 1,620-1,680 points.

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On February 21, 2566, Global Securities (GBS) assessed Thai stocks this week to fluctuate according to foreign countries. Investors are worried that the Fed will raise interest rates by 0.25% three more times this year after high inflation figures. Plus the unrest situation of South Korea - South Korea, Russia - Ukraine. Therefore, the index range is 3-1,620 points, recommending investing in stocks that benefit from BOI promotion, investing in EV parts.

Ms. Wilasinee Boonmasoongsong, Director of Research at Globlex Securities Co., Ltd. (GBS), assessed the direction of the Thai stock market this week as volatile. Investors are concerned that the Federal Reserve may raise interest rates again. Goldman Sachs forecasts that the Fed will raise interest rates by 0.25% three more times this year, following the release of higher-than-expected inflation figures in the US and a strong labor market. In addition, domestically, the National Economic and Social Development Council (NESDC) reported that Thailand's GDP in the second quarter of 2022 grew by 1.4%, lower than the market's expectation of 3.5%. The full-year 2022 GDP growth is projected at 2.6%, lower than the market's expectation of 3.2%.

Meanwhile, the political situation in the region is still tense. Recently, the South Korean military revealed that North Korea has fired three missiles into the Sea of ​​Japan. and Ukrainian authorities revealed that Russia fired missiles across Ukraine on Thursday and the Kremenchuk oil refinery, the largest of its kind, was also attacked. But the damage is still unknown, so the index is set at 3-16 points.

Factors to keep an eye on in the country include: In the 4th week, the Fiscal Policy Office (FPO) reported on the fiscal economy. Regional economic conditions Regional Economic Future Confidence Index and the Federation of Thai Industries (F.T.I.) announced the total production and export of automobiles. Motorcycles and automotive parts The Office of Industrial Economics (OIE) announced the Industrial Production Index and on February 28, the Bank of Thailand (BoT). While for foreign factors, today (Feb. 21) the EU reported the index. Purchasing Manager (PMI) Manufacturing-Service Sector, February February Economic Confidence Index The United States reports the Purchasing Managers' Index (PMI) for the manufacturing and service sectors in February. Sales of second-hand homes in January And on February 22, the Federal Reserve Monetary Policy Committee (FOMC) released the minutes of the meeting on January 31 - February 1 (morning of February 23) and February 23. EU reports January inflation rate same as US Report on the number of people applying for weekly unemployment benefits. Gross Domestic Product (GDP) 4Q65 (2nd estimate) and weekly oil stocks

Therefore, we recommend investment strategies in stocks that benefit from investment promotion from the Board of Investment (BOI) in supporting investment in electric vehicle (EV) parts, including EA, GPSC, BCP, DELTA, PIMO. and FPI

As for the direction of investing in gold, Mr. Nattawut Wongyaowarak Research Director of Globlex Securities assesses the overall picture this week and continues to keep an eye on the latest FOMC meeting report and the Core PCE personal inflation index of the United States, with the inflation trend remaining stable at a high level. The president of the St. Louis Fed supported raising interest rates to 0.5% at the March meeting. The market is therefore again concerned about the said monetary policy.

The research department estimates that gold prices still have no new supporting factors. While the market did not respond to the news of China's retaliation against the United States, the gold price was seen to fluctuate during the week. 1,800-1,875$/oz Trading advice according to the framework provided





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