Thai stocks today Brokers expect to trade within a range of 1,545-1,570 points, following politics in the country. -Wait for the MPC to cut interest rates.

Analysts expect “Thai stocks today” are trading within a range of 1,545 - 1,570 points, waiting for the politics in the country to clear up. Factors supporting stocks in the second quarter of 2: The energy sector rebounds after rising oil prices. Follow the MPC meeting and expect an interest rate increase of 66% as expected.

Krungsri Securities forecasts the Thai stock market index to fluctuate within the range of 1,545 – 1,570 points today (August 2). The domestic political situation and the formation of the government remain key factors to monitor as they will impact investment trends.

On the positive side, there is support from the energy sector following the stable high price of crude oil. Including the expectation that the US economy will slow down gradually after it is expected that the Federal Reserve (Fed) will stop raising interest rates, Krungsri Securities' investment strategy recommends selecting stocks that have specific positive factors as follows:

• PTTEP TOP BCP and SPRC received support from a rebound in crude oil prices.
• SAPPE ICHI CBG INTUCH ADVANC BEM WHA MINT AOT SISB SPA and TKN 2Q66 profit trend grows, recommended stocks today SCB (closes 112.50 Buy/IAA Consensus target 130 baht) expects today the Monetary Policy Committee (MPC) will raise interest rates by 0.25%, positive for the banking sector from increased NIM. Choose SCB as a top pick because the price is still laggard when compared to BBL KTBPSL (closes at 9.40 Buy/Target IAA Consensus 12.50 baht) Freight Index Bulk Shipping (BDI) increased continuously for the 5th day, most recently increasing another 23 points (+2.04%), closing at 1,150 points, the highest in 1 month, Mr. Therdsak Thaweethiratham, Deputy Managing Director, Research Division Asia Plus Securities said that the trend of Thai stocks today is swinging sideways. Wait for clarity on political factors in the country this week. Especially voting for the Prime Minister while there are still no new factors coming in to support But there may be strong speculative buying in stocks where the 2Q66 budget comes out well, helping to support the index during the gradual announcement of operating results.

However, the direction of oil prices is increasing. Help support energy stocks to increase. And today there is a meeting of the Political Policy Committee (MPC), where the market expects interest rates to increase by another 0.25%. Other stock markets in Asia opened this morning, mostly falling. The resistance level is 1,565 points and the support level is 1,545 points.